Long term investing in ERA uranium mine between 2009 and 2015 I lost 90% of my initial investment. If I kept it until today I would have lost 99.9 percent. Instead I started share trading in 2020 when covid hit. I'm now 120% financially wealthier than I was purely because of short term investing on the asx.
Under no circumstances would I ever recommend long term investing in a speculative uranium company. I think it's a really bad idea. It only takes one nuclear disaster for the uranium price to sink and we are nowhere near all time lows at 82 a pound.
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Last
62.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $99.19M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| PEN (ASX) Chart |
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