It's a huge day for aussie uranium stocks - and I'm pleased to see BOE is one of the star performers.
Aussie uranium stocks are belatedly following the lead of US uranium stocks - eg. see what Cameco (CCJ) and the Global Uranium ETF (URA) have done over the last seven trading days.
Despite the massive sell-offs in CCJ and URA since February this year, they've both held above their 2016 lows. So there's a good chance imo that the 2016 lows were the cyclical bottom for uranium stocks globally, and this year's sell-off has been a failed re-test of those lows. If that's the case, we could be set for explosive gains in aussie uranium stocks in the coming weeks/months.
On the other hand, maybe the uranium bear market will drag on for a few more years yet.
Who's Selling ?, page-68
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Last
$3.75 |
Change
-0.030(0.79%) |
Mkt cap ! $1.534B | |||
| Open | High | Low | Value | Volume |
| $3.78 | $3.79 | $3.70 | $9.236M | 2.465M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 20113 | $3.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.76 | 17547 | 3 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| BOE (ASX) Chart |