What do you think BBO a new thread.
Good question Milko, deserves a bit of contemplation. I think ultimately the sky is the limit, but in the short term upon approval of restructure the appreciation will be stepped. I still think most investors don't understand the Silex potential and those that do are mostly "gun shy" having lost large sums over the past 20 years. I think many investors are waiting for a tangible result, something more definite than we have had. After the US elections a lot of noise will disappear and uncertainties surrounding nuclear policies such as RSA, NFWG and Iran sanctions will also fade away. I also think the COVID vaccine will be rolled out and the attitude of the world community will be very positive. More than likely the approval will coincide with an increase in the price of uranium which at first I think will be steady, then probably large jumps as GLE lays out it's business plans.
My gut feeling is I would expect the price to past the $1.00 mark and steadily progress to the $3.00 mark by the middle of the year, because that is the price it was at when the proverbial hit the fan.
Not investment advice only my wishful thinking.
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Last
$4.50 |
Change
-0.180(3.85%) |
Mkt cap ! $1.067B |
Open | High | Low | Value | Volume |
$4.80 | $4.80 | $4.50 | $1.778M | 386.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 37322 | $4.50 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.51 | 3008 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 36658 | 4.500 |
2 | 1235 | 4.490 |
2 | 15500 | 4.480 |
4 | 690 | 4.470 |
1 | 288 | 4.460 |
Price($) | Vol. | No. |
---|---|---|
4.530 | 288 | 1 |
4.540 | 288 | 1 |
4.550 | 288 | 1 |
4.560 | 288 | 1 |
4.570 | 288 | 1 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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