URO unknown

interesting agm, page-16

  1. 6,757 Posts.
    Chart is looking very good but resistance around 20c is quite strong. Would be interesting to see an updated top 20 to see if any large holders are reducing. URO had a fairly ordinary IPO and a complete change of business so you would expect a few of the original holders to want out.

    Hopefully they can convince an fund or two to join the register and soak up some loose stock. The management look to have the credibility required to get this kind of support.

    Failing that a good announcement should get things rolling and you would be surprised how many potential sellers will change their minds just because they see the share price start to go up. We just need enough volume to crack 20c.
 
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