You cant use the same argument from years ago though. The uranium market circumstances have dramatically changed. Bearish arguments can no longer be supported with historical info. There is an under supply issue on its way that is going to drastically shift uranium market sentiment. So using your own words your argument is 'flawed'.
To me, investing is about the downside vs upside, and the probability of both.
Accumulation Time - Huge Upside Potential, page-22
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Last
11.0¢ |
Change
0.005(4.76%) |
Mkt cap ! $350.4M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.5¢ | $1.256M | 11.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1319659 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 3294808 | 27 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |