Well this didn't work out the way I thought it would. The Cup & Handle technical formation was invalidated in a most unpleasant manner and the U3O8 price has dropped below US$100/lb. Its technical structure looks more like a falling wedge now than a pennant previously.
I still expect a strong SS showing a very attractive project. This should provide support for 1AE's SP but if the U3O8 price continues its decline it would be difficult to envisage a rerate for 1AE.
IMO only
Ann: Initial Director's Interest Notice, page-40
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Last
5.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.490M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 4.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 31695 | 2 |
View Market Depth
| Last trade - 16.12pm 03/10/2024 (20 minute delay) ? |
| 1AE (ASX) Chart |
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