These "stories" were prevalent pre-GFC when U spot spiked up to 130$. I was an early believer in these long term fundamentals but Fukushima changed the dynamics. I correctly anticipated the recovery post GFc in 2011 when the U spot made another attempt heading towards 60 bucks from memory.
BTW UK is also building the mother of all reactor, Hinchley point, IF they can get funding off the ground. When the time comes for a fashionable return to nuclear reactor, I will come back and revisit but trying to have a FOMO mind set is just purely bad risk return regardless if the whole world is going nuclear. The spot price is the leading indicator and currently it is another slippery slide down.
spot price, page-10
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Last
$10.40 |
Change
-1.260(10.8%) |
Mkt cap ! $3.109B | |||
| Open | High | Low | Value | Volume |
| $10.77 | $10.77 | $10.15 | $58.97M | 5.696M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $10.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.40 | 2536 | 2 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| PDN (ASX) Chart |