I spoke to the company yesterday, and also read the latest spot market report on tradetech.com
I think you will find that the uranium supply shortfall is likely to hit the buyers sooner rather than later, and quite suddenly and dramatically.
It is worth checking out here:
http://www.uranium.info/index.cfm?go=c.page&id=103
If that link doesn't take you straight to the page with the spot market summary, just click directly on the spot price at the top left - it's a live link to the summary page.
The lower volume and the hint of the selling drying up a bit was encouragin today, with a lot of buying at these lower levels. And the nudge upwards on the close also looks promising. Especially for a Friday afternoon....
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Last
$8.97 |
Change
0.110(1.24%) |
Mkt cap ! $2.682B |
Open | High | Low | Value | Volume |
$8.90 | $9.28 | $8.89 | $27.96M | 3.090M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 29174 | $8.96 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.99 | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100 | 9.860 |
1 | 105 | 9.690 |
1 | 1781 | 9.580 |
1 | 2000 | 9.510 |
1 | 53 | 9.500 |
Price($) | Vol. | No. |
---|---|---|
8.530 | 966 | 2 |
8.930 | 776 | 3 |
8.980 | 180 | 5 |
9.000 | 363 | 2 |
9.020 | 10 | 1 |
Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
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PDN (ASX) Chart |