AGS 0.00% 17.5¢ alliance resources limited

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  1. 5,939 Posts.
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    is alliance intentionally not promoting itself atm because it is realistic about a potential takeover premium. i.e. alliance would prefer for a quasar offer to come in at a significant premium to the current trading price so it gets a good reception from ags shareholders.

    just a thought and there is an assumption that they are talking which may not be the case.

    uranium stocks were downgraded last night due to an RBC analyst comments regarding the spot price over the short to medium term. long term still bullish though.

    http://business.financialpost.com/2014/06/05/rbc-annihilates-uranium-price-outlook/
 
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