Been a holder here for a while now and I selected Deep Yellow because of the company's portfolio of assets that have huge leverage to the price of uranium whilst having a top tier team that is able to build and deliver for shareholders.
The recent shorting of the company is frustrating, but it is just a small part of a longer journey here and IMO there is institutional accumulation behind the scenes whilst retail are shaken out of their positions. The big tell for me is the steady increase in volume.
In the current uranium price environment (which is many multiples more bullish than my wildest dream when I first entered this trade), there is no company I would want to back more than Deep Yellow. With the huge wealth of experience in the team, two advanced stage assets with a clear path to production and a pipeline of exploration assets, this company couldn't be positioned any better.
On top of all of this, the company is on sale with many millions of share short that will need to be brought back at some point. Market can take Deep Yellow down to $0.50 for all I care, I know where this is headed in the coming years.
Been a holder here for a while now and I selected Deep Yellow...
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Last
$1.57 |
Change
0.010(0.64%) |
Mkt cap ! $1.521B | |||
| Open | High | Low | Value | Volume |
| $1.58 | $1.59 | $1.55 | $5.962M | 3.810M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5423 | $1.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.58 | 50939 | 4 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.57 |
Change
0.010 ( 0.25 %) |
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| Open | High | Low | Volume | ||
| $1.59 | $1.59 | $1.55 | 1362443 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| DYL (ASX) Chart |