Unfortunately you’re simply demonstrating the classic retail investor mentality of being sucked in by the apparent ‘cheapness’ of a share price, without realising it is market cap that determines if a company is either cheap or expensive.
If you honestly think the recent SP action is a reflection of consolidation, not the wider flux in the uranium market, then you can’t have been following the uranium market machinations much.
Share consolidations are such a simple concept, based on such rudimentary arithmetic, it blows my mind that people risk their money on the sharemarket without understanding such basic fundamentals.
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Last
$3.78 |
Change
-0.020(0.53%) |
Mkt cap ! $1.546B |
Open | High | Low | Value | Volume |
$3.79 | $3.80 | $3.68 | $14.57M | 3.901M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 27456 | $3.77 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.78 | 132646 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 5682 | 3.760 |
12 | 58737 | 3.750 |
3 | 19325 | 3.740 |
3 | 19343 | 3.730 |
3 | 6301 | 3.720 |
Price($) | Vol. | No. |
---|---|---|
3.780 | 132646 | 3 |
3.790 | 5873 | 2 |
3.800 | 51032 | 10 |
3.810 | 19075 | 2 |
3.820 | 21998 | 4 |
Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
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