DYL - Deep Yellow

toc_bat · 7 November 2006

Hi all

I am very new to everything and so even in these boyant times i am managing to loose money, yes thats right.

Anyway can someone enlighten me how these companies, DYL for one, can go from almost $8 in 2000 to 10-40cents today? If uranium is more expensive than ever before, then what was going on in 2000?? EXT too. in 2000 a peak of about $7.50 and yet now 10-20cents seems exciting.

What happened back then? What did I miss or am still not getting?

Bye all,

j

Fab · 7 November 2006

jemma said:
2 million shares

At what price did you buy ?

Fab · 7 November 2006

Jemma,

I have another question about your 2 Millions DYL shares , now how are going to maximise your tax as when you sell them this will attract a huge amount of tax. Just wondering as I am facing the same issue

Prospector · 7 November 2006

You pay it! There isnt a lot that can be done easily I'm afraid!

Or realise some other capital losses to offset it.

Sell the shares when your other income is likely to be low. If you can afford to, Salary Sacrifice as much as you can to Super, or not receive any PAYG income this financial year at all. Then you only pay tax on CG amounts according to the current tax scales.

And of course it is only taxable when you sell the shares. If you dont sell this year, then no CG tax this year.

Go see your accountant, although there isnt much they can do other than the above!

Kauri · 7 November 2006

toc_bat said:
Hi all

I am very new to everything and so even in these boyant times i am managing to loose money, yes thats right.

Anyway can someone enlighten me how these companies, DYL for one, can go from almost $8 in 2000 to 10-40cents today? If uranium is more expensive than ever before, then what was going on in 2000?? EXT too. in 2000 a peak of about $7.50 and yet now 10-20cents seems exciting.

What happened back then? What did I miss or am still not getting?

Bye all,

j

I think DYL was a dot.com company back then, went belly up, and re-invented itself as a mining company. ( Julia Corporation seems to ring a bell).A lot of failed Dot.commer's were re-financed and became explorers/mining juniors after the tech bubble burst.

Sean K · 7 November 2006

Kauri said:
I think DYL was a dot.com company back then, went belly up, and re-invented itself as a mining company. ( Julia Corporation seems to ring a bell).A lot of failed Dot.commer's were re-financed and became explorers/mining juniors after the tech bubble burst.

Yep, and in 20 years they'll be dot comms again.

toc_bat · 7 November 2006

thanks kauri, very informative, makes a lot of sense,

so people are lining up to buy at 57c already on DYL, makes me wonder why some sellers are offering at 37c, oh well, im still too new,

bye

Sean K · 7 November 2006

toc_bat said:
thanks kauri, very informative, makes a lot of sense,

so people are lining up to buy at 57c already on DYL, makes me wonder why some sellers are offering at 37c, oh well, im still too new,

bye

Those high quotes will be pulled before the bell. They're trying to up the price on open.

MalteseBull · 7 November 2006

i had this at .135 and sold out at .15 cause it wasn't doing much

i am spewing

Kauri · 7 November 2006

toc_bat said:
thanks kauri, very informative, makes a lot of sense,

so people are lining up to buy at 57c already on DYL, makes me wonder why some sellers are offering at 37c, oh well, im still too new,

bye

Prices before open are like an auction. The exchange has a formula to work out the actual opening price. The Indicative price is what is actually paid, not the high bids. See attached for Bid, Ask, and Indicative(actual) price. It changes of course as more bids asks are entered. So even though someone is bidding .64 cents the actual price they will pay on open is .395 cents...( at the moment)

insider · 7 November 2006

Kauri said:
Prices before open are like an auction. The exchange has a formula to work out the actual opening price. The Indicative price is what is actually paid, not the high bids. See attached for Bid, Ask, and Indicative(actual) price. It changes of course as more bids asks are entered. So even though someone is bidding .64 cents the actual price they will pay on open is .395 cents...( at the moment)

Isn't this like jumping the que?

Kauri · 7 November 2006

insider said:
Isn't this like jumping the que?

In Pre-open and closing it is an auction,besides the higher you jump the more likely you are to pull the Indicative price with you.

jemma · 7 November 2006

Fab said:
Jemma,

I have another question about your 2 Millions DYL shares , now how are going to maximise your tax as when you sell them this will attract a huge amount of tax. Just wondering as I am facing the same issue

I buy within a company name. Taxed at 30%.

jemma · 7 November 2006

Fab said:
At what price did you buy ?

13 cents

Sweet Synergy · 7 November 2006

I'm out ... hit my target .485 (just over 100% profit) .... b interesting to see if it breaks the resistance at .50!!!!!

nizar · 7 November 2006

jemma said:
I buy within a company name. Taxed at 30%.

Nice one . Im gonna open an account soon under company name as well. Jemma just wanna say well done with this, mustve only been a month since u got into this one... About time u cut that dog ext!!

dingos · 7 November 2006

whos going to be left holding the bag?

tech/a · 7 November 2006

jemma said:
13 cents

Hmm a $300,000 position on a small cap.

I thought Kerry Packer had died?

Agentm · 7 November 2006

629 million shares in total is what the company has,, thats 10% of that amount being traded today!! company is an explorer, and its being traded into the stratosphere..

when do they start mining????

like to know who is going to be the lemon holding the stock..

is this a cdu gdn replicant?
smells like daytraders heaven here...

watch out for the drop guys,, there is a lot of trading happening and a lot of dreams being shattered once he volumes cease..

DYOR on this before you jump in i say..

Broadside · 7 November 2006

this company now has a similar market cap to AGS, amazing

there is a U bubble in the junior end I wonder how long it can last, U fundamentals are great but explorers being priced as if they are on the cusp of production

it's crazy

DYL - Deep Yellow

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