It's clear everyone is feeling pretty panicky about this stock at the moment. But let's take a minute to think about recent decisions. If we "are about to be taken over" then why on earth wouldn't the company have gone through with it's asset sale which would have prevented this price crash? Doesn't anyone else think that it was a strategic decision because they believe either U is going up very soon or they have another plan for debt reduction. Why would they have failed to sell a minority (20%) stake in a mine if they thought that the result would be that they would be taken over? Logic tells me that the company expects to go upwards in the not too distant future, without that sale, so if you are a long term holder and are seeing a lot of red on your screen then turn it off and open it in a few months to prevent sickness IMO.
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$9.37 |
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Mkt cap ! $2.802B |
Open | High | Low | Value | Volume |
$9.68 | $9.73 | $9.33 | $25.98M | 2.746M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 500 | $9.33 |
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Price($) | Vol. | No. |
---|---|---|
$9.37 | 7986 | 2 |
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No. | Vol. | Price($) |
---|---|---|
1 | 500 | 9.330 |
3 | 5397 | 9.310 |
8 | 36887 | 9.300 |
1 | 4885 | 9.290 |
4 | 17016 | 9.280 |
Price($) | Vol. | No. |
---|---|---|
9.370 | 7986 | 2 |
9.410 | 1280 | 1 |
9.420 | 2397 | 2 |
9.430 | 32965 | 3 |
9.440 | 4885 | 1 |
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