I am not entirely sure about this but as I understand it utilities running nuclear power plants keep a reserve to ensure continuity of supply.
I suspect that they dipped into those reserves temporarily rather than pay what they perceived as mounting prices for U.
As a result I believe they will take advantage of any price dip to replenish those reserves thereby pushing the price back up.
In other words I suspect the recent U price dip will be compensated for in the very near future with a sharp rise.
The drop in the share price of U sector companies (largely due to the temporary dip in the price of U) is therefore a gift for investors.
If I am right, then this gift may come along periodically if the utilities make a habit of tucking into their reserves to manipulate the price downwards.
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