Reckon you'd be pretty gutsy taking a short at these levels, risk-reward seems more skewed to the upside you would think, but guess there are people that feel it's another false start and the uranium price will fall when Cameco and Kazatomprom restart production.
Guess time will tell but reckon there will be a short-covering rally if it breaks resistance here and makes a 52 week high.
Hopefully, it coincides with the potential 25% reweighting of the uranium ETF towards the end of August.
Ann: Quarterly Activities Report, page-40
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Last
$13.17 |
Change
0.100(0.77%) |
Mkt cap ! $3.937B | |||
| Open | High | Low | Value | Volume |
| $13.07 | $13.32 | $13.02 | $24.53M | 1.864M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5740 | $13.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.18 | 1012 | 2 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |