Yes. Time to sell. Mkt is telling you it is definitely time to sell.
In no way is the seismic shift to nuclear energy (out side of Australia) re. new builds/existing renewals vs the supply deficit already in motion nor the pending US ban on the major supplier of U to the US and most of the western world any reason to bother investing in U moving forward over the next decade +. The fact the two major players are struggling to play catchup means didly squat. May also take several years for meaningful supply to aid such shortage but hey, MKT is telling us.
Lets forget those 3rd party entities buying countless pounds to simply put in storage. That $250m purchase of U spot by Next Gen a couple days ago was purely pittance....that won't or doesn't really mean anything material?! Surely won't put any pressure on the spot or term mkts?
Definitely time to sell...am surprised there is even a need a spot price?
The Mkt is trying...really trying to tell us something?!
Personally I feel the mkt is simply squeezing the likes of such simple mindedness out of the MKT...
Yes. Time to sell. Mkt is telling you it is definitely time to...
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $292.3M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.3¢ | 10.5¢ | $2.330M | 21.44M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 74 | 6098051 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 5338592 | 16 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
10.8¢ |
Change
-0.005 ( 2.54 %) |
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| Open | High | Low | Volume | ||
| 11.0¢ | 11.0¢ | 10.5¢ | 7676318 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| PEN (ASX) Chart |