Drumma what are your thoughts on this?
IMO after what happened with the crazy Lithium runs in 2021, the bull runs of these companies didn't take a step off the pedal, as lithium prices continued rising, so did the value of their Share Prices. If you look at the charts of companies like LTR, PLS, VUL, CXO etc, they barely had a big sell off or backward step. CXO had a little setback but I think it was in relation to a capital raise from memory. It has just been a prolonged gradual movement up for almost 9 months now.
I am really hoping the same happens for Uranium as the spot price continues into the green. I think many investors who sold for quick short term profits and then missed the boat completely have learnt their lesson from Lithium and will be more cautious to press the sell button this time around. I think there will be longer holds for Uranium and therefore less sell pressure and more rapid gains.
Just my thoughts, but would be very happy if they came to fruition
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29.0¢ |
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Open | High | Low | Value | Volume |
27.0¢ | 29.0¢ | 26.8¢ | $23.44K | 82.84K |
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No. | Vol. | Price($) |
---|---|---|
1 | 6762 | 27.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
29.0¢ | 100047 | 1 |
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No. | Vol. | Price($) |
---|---|---|
1 | 6762 | 0.275 |
1 | 3620 | 0.270 |
1 | 1500 | 0.265 |
2 | 191796 | 0.260 |
4 | 43033 | 0.255 |
Price($) | Vol. | No. |
---|---|---|
0.290 | 100047 | 1 |
0.295 | 40764 | 3 |
0.300 | 61459 | 7 |
0.310 | 100000 | 1 |
0.315 | 38765 | 1 |
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