BMN 6.10% $3.23 bannerman energy ltd

this is why !!, page-2

  1. 6,286 Posts.
    lightbulb Created with Sketch. 338
    Uranium spot market is always such a mystery.
    Nobody know who places the large sell order according to the article , nobody knows the motivation,can only speculate.
    So the spot price slides because of the unknown.
    Therefore most U plays will slide too.
    Its interesting then how easy it is to manipulate the U price for the benefit of traders who know this is about to occur.
    Get the short positions set put a rumour in the market an unknown player wants to dump U or actually dump a minimal amount of U and turn the money tap on.
    Not much clarity in what goes on behind the scenes,as U becomes more widely used,traded and accepted im sure that will change similar in the way LME supplies are published.
 
watchlist Created with Sketch. Add BMN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.