NKLEX, as you would know I have voiced my concern about the possibility of PEN being taken over by a major player in the future.
Not really sure how to overcome it except for the directors and small investors to hold on to their shares.
Not really sure how that Shareholder Rights Plan by Uranerz works.
Any thoughts would be great.
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This says it all flyboy77 to me:
"Right now, the U.S. has 104 operating nuclear plants and annual uranium consumption for these is more than 51-million pounds, while annual U.S. uranium production is only 3.9 million pounds. Since uranium is a strategic fuel, much of the U.S. supply currently originates in such nations as Russia and Kazakhstan."
Comment:
Pen is playing the game like a true professional, learning from the mistakes of others and slowly increasing the JORC output.
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11.5¢ |
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Mkt cap ! $366.3M |
Open | High | Low | Value | Volume |
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23 | 4122795 | 0.105 |
80 | 10496953 | 0.100 |
7 | 578212 | 0.099 |
11 | 439690 | 0.098 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 7358657 | 62 |
0.125 | 2837667 | 21 |
0.130 | 2916575 | 18 |
0.135 | 2065362 | 13 |
0.140 | 1029542 | 12 |
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