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Deep Yellow Oversubscribes SPP, Begins Scale-Back
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Deep Yellow Oversubscribes SPP, Begins Scale-Back

Deep Yellow Limited (AU:DYL) has released an update.

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Deep Yellow Limited announced the completion of its Share Purchase Plan (SPP), receiving applications over 50% higher than its $30M target. The company has proceeded with a proportional scale-back, resulting in eligible applicants receiving about 70% of the shares they applied for. Refunds for the scaled-back and invalid applications are to be processed on 18 April 2024.

For further insights into AU:DYL stock, check out TipRanks’ Stock Analysis page.

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