Not trying to twist facts, just trying to illustrate that the market is not transparent. Paladin reports the average price they sold U3O8 in their quarterly financial reports and how much they sold. Other sources don't reveal how much was sold or how much was for sale or how much demand there was. Physical prices are revealed to the public with a delay of several days, how many retail holders pay a subscription of several thousand for that info every year?
I take your point that any company will be in trouble if it costs them more to produce their product than they can sell it for. I just don't place the same amount of trust in short term price swings reported about the U3O8 price as you do.
Ann: Ceasing to be a substantial holder, page-95
Add PDN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$10.16 |
Change
-0.040(0.39%) |
Mkt cap ! $3.038B | |||
| Open | High | Low | Value | Volume |
| $10.00 | $10.24 | $9.96 | $17.95M | 1.771M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5383 | $10.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.19 | 1000 | 1 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |