Many will have bought stock at just 4c a share and a price, a bid, at just 6c profit would give a quick turn-a-round profit of 50%. A bid of just one for four DYL would exceed 7.5c a share.
Probably Deep Yellow aren't interested but UXA remain open to a bidder for 51%+ on the cheap.
UXA directors would look for a high price for UXA, get real Chairman Mr Neill Arthur and fellow directors, you've left the door wide open.
UXA Price at posting:
4.2¢ Sentiment: Hold Disclosure: Held