I think spot will just keep going up now that Sprott is buying.
The more spot goes up the more investors buy into Sprott's fund. These funds are then used to buy more U on spot forcing the price up further. It's a vicious circle with no end until they close the fund.
When PEN will be $1 again, page-398
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Last
10.3¢ |
Change
-0.003(2.38%) |
Mkt cap ! $318.6M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 10.0¢ | $84.37K | 837.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 97 | 11856788 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 4045480 | 71 |
View Market Depth
| Last trade - 15.49pm 24/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |