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Beefed up Deep Yellow commences trading

AFTER a few months of a 'will they/won't they' dance, and two weeks after shareholders provided their assent, the new, larger Deep Yellow commenced trading this morning, having gobbled up its Australia-focused uranium peer Vimy Resources. 

Haydn Black
Vimy MD Steven Michael (left) and Deep Yellow MD John Borshoff

Vimy MD Steven Michael (left) and Deep Yellow MD John Borshoff

The respective boards shook hands on the deal in March, and 99% of Vimy shares were voted in favour of the fusion on July 20.   Initial market reaction was a bit more fizzle than sizzle, with Deep...

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