I reckon they timed this perfectly! Get in now while the U price is getting an extra boost from the whole Russia/Ukraine dramas, i believe the U price will take a solid dip back down to the low 50s maybe high 40s if the war fizzles out soon, which i hope for everyone's sake it does.
However the longer term supply/demand thesis is still intact and that's what I'm here for.
Wouldn't surprise me if they announced offtake agreements very soon either, must be getting loads of solid interest to take this step towards production.
Very pleased with the amount raised and the discount is minimal, definitely nothing to complain about!
I'm still holding out for 3-5 years and $15 SP minimum!
Ann: Successful $120m Equity Raising, page-21
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$3.94 |
Change
-0.040(1.01%) |
Mkt cap ! $1.611B | |||
| Open | High | Low | Value | Volume |
| $4.00 | $4.00 | $3.81 | $14.23M | 3.665M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12641 | $3.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.96 | 16839 | 3 |
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| BOE (ASX) Chart |