Yes, it will happen ? 10 to 1 ? Who knows.
It's exciting to be locked and loaded in this stock and the broader uranium sector. In the last bull market Cameco's price started to surge 6 months before the spot price rocketed. Cameco's recent surge started in early December. If history repeats we're on the verge of startling uranium bull market. Smart money is pouring into the sector and Cameco's Grant Isaac in a discussion today was the most bullish he's been in a decade.
Cameco's chart:
Total money flow 50 day rolling average into uranium (courtesy Grant Chalmers)
AGE chart, page-733
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Last
3.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $135.4M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.5¢ | 3.4¢ | $156.6K | 4.540M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 658346 | 3.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 561906 | 1 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| AGE (ASX) Chart |