Further to my comment this morning about ASIC and the ASX recently adopting an aggressive stance on monitoring uranium announcements - as reported on the weeked in the AFR - it was interesting to see that WHE today had to provide additional information on the technical meaning of a recent results announcement, just as BLR was asked to do in recent days.
When one is talking about downhole disequilibria, any additional information is sure to be enlightening!
Most importantly, the execution of now stated policy by ASIC/ASX is just another variable to add to one's internal calculus when appraising market sentiment around one's favored ASX-listed U stocks. I know that I was initially very perplexed when BLR twice set out additional information, but reading of this policy stance has helped me put recent events in context.
That this new, for me, "please explain" stance came at .345 is frustrating, but I'm holding for the long term. Pronounced market jitters yesterday were no help at all, either, even though topping up briefly at .225 did occur in my dreams (that is, in breaks from work!).
Anyway, if the policy reduces egregious u-puffery across the bourse that really does damage to u-prospect confidence, I wholeheartedly support it. Er, now that I know about it : )
Still holding and dreaming of topping up, PD
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