DYL 1.14% $1.34 deep yellow limited

Just a reminder that these options may not necessarily run their...

  1. 1,491 Posts.
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    Just a reminder that these options may not necessarily run their full term. If the price of the heads go over 58c for 20 consecutive days the company may change the expiry date to an earlier date. I don't think it makes the options less attractive but one should be aware that the money may be called for before June 2022.
    Here is the explanation:

    1 The Options will expire on the earlier of: (i) 1 June 2022; and (ii) 22 ASX Business Days after the Notification Date (defined below) (Expiry
    Date). The Company will give notice of the new Expiry Date to the Option Holders on the Notification Date, and again before the 8th last ASX
    Business Day before the new Expiry Date.
    Notification Date means the date (being any date within 5 ASX Business Days of the Acceleration Trigger Date) on which Option holders are
    notified of the Acceleration Trigger Date (defined below) such notification to be released on the Exchange; and
    Acceleration Trigger Date means that date, at any time after 30 days after the issue date of the Options, that the closing price of the Shares on
    ASX is higher than A$0.78 for any 20 consecutive ASX Business Day period, then on the 20th consecutive ASX Business Day of any such period. 2 Explo is a substantial shareholder of the Company and is an affiliate of Sprott.

    I consider the options a good investment as I think the price of U will rise in the near future and DYL will surpass 58 c soon.

    W2

 
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Last
$1.34
Change
0.015(1.14%)
Mkt cap ! $1.174B
Open High Low Value Volume
$1.32 $1.36 $1.31 $12.05M 9.032M

Buyers (Bids)

No. Vol. Price($)
1 5119 $1.32
 

Sellers (Offers)

Price($) Vol. No.
$1.34 5023 1
View Market Depth
Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
$1.33
  Change
0.015 ( 0.33 %)
Open High Low Volume
$1.32 $1.36 $1.31 2566808
Last updated 15.59pm 29/03/2024 ?
DYL (ASX) Chart
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