mate I thought it was obvious!
evergrande situation is definitely negative pertaining to the uranium sector more than the overall market. A slowdown in China is scary as the uranium bull thesis accounts for many new reactors coming online in China in the coming decades. Most of the supply deficit is meant to be driven by China, euro is closing reactors. If economic growth in China slows, they may need to cut deficit spending and they definitely won’t be prioritising clean energy over economic growth.
This isn’t a call for everyone to sell everything, but people should definitely re-evaluate imo
Market Cap, page-161
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Last
$10.16 |
Change
-0.040(0.39%) |
Mkt cap ! $3.038B | |||
| Open | High | Low | Value | Volume |
| $10.00 | $10.24 | $9.96 | $17.95M | 1.771M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5383 | $10.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.19 | 1000 | 1 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |