The shorts thinking today, “I'm not too sure we can hold the line on this uranium play anymore, we seem to be pissing against the wind”
We just don't understand it, spot is not moving, do we keep shorting???
Behind the scenes term price discovery is going well for near term and current producers as there is little long term supply to really be had for utilities if they had a close look and they get totally blindsided in a market they probably didn't understand.
There has always been two markets in uranium, and the supply/demand for each market will dictate the pricing; there are no rules as to the pricing variances between spot and term.
worth keeping an eye on as well.., page-19
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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 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |