MM, prior to Fukishima, Japan consumes 12% of global supply and although they are sitting on a 'sizeable' stockpile, their decision to restart 2 reactors (and maybe more) sends a signal to the market that U is back! China, India et.al only add credence to the likelihood of demand increasing exponentially. One analyst predicts demand for Uranium to jump 21% by 2025. Most U contracts run for a 5 year period, so my bet is that many utilities will be trying to lock in long term contracts asap!
Likely To Drop Below Cap Raising Price Before Going Up., page-25
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Last
$11.82 |
Change
0.370(3.23%) |
Mkt cap ! $3.532B | |||
| Open | High | Low | Value | Volume |
| $11.54 | $11.96 | $11.27 | $29.21M | 2.499M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 29547 | $12.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.64 | 125344 | 3 |
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| Last trade - 15.59pm 27/09/2024 (20 minute delay) ? |
| PDN (ASX) Chart |