DYL 0.73% $1.38 deep yellow limited

WestsurfFinally we are seeing some action on the old DYL. IMO, I...

  1. 709 Posts.
    Westsurf

    Finally we are seeing some action on the old DYL.

    IMO, I see no reason just yet for PDN to be launching a T/O or even buying more shares. They are still underwater from their shortfall placement picked up in mid 07, arent significantly better off on what they picked up last year on market for around 25c and haven't been accumulating for years to settle for a T/O in the current market.

    Both PDN and Pretorious own a truckload and even though the two were frustratingly linked when there were no results being released, neither will see the need to rush into tabling an offer. The situation for DYL remains the same, albeit now with an increased market cap, and that is cash aplenty, rigs aplenty and holes abound- FINALLY drill results that are bearing fruit for shareholders.

    Look forward to hearing others thoughts, have never seen the DYL thread so busy myself- a good thing though.

    M
 
watchlist Created with Sketch. Add DYL (ASX) to my watchlist
(20min delay)
Last
$1.38
Change
0.010(0.73%)
Mkt cap ! $1.332B
Open High Low Value Volume
$1.38 $1.40 $1.35 $5.513M 4.018M

Buyers (Bids)

No. Vol. Price($)
3 25839 $1.38
 

Sellers (Offers)

Price($) Vol. No.
$1.38 36399 3
View Market Depth
Last trade - 16.10pm 25/06/2024 (20 minute delay) ?
DYL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.