My view is that the strong price movement of today has very little to do with the QLD election and the company's Australian assets.
Oil prices are rising and there is allot of upside risk at the moment owing to the situation in Iran and Syria. Uranium in the end is also an energy produt and as oil prices rise / supply reduces, Nuclear power will again be a hot topic and that will strongly support Uranium prices.
As I mentioned allready - Solar, Wind energy is too expensive at the moment and would not survive if there are no subsidies. Nuclear is the only real mass scale alternative.
strong price movement
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Last
$13.01 |
Change
-0.160(1.21%) |
Mkt cap ! $3.889B | |||
| Open | High | Low | Value | Volume |
| $13.10 | $13.15 | $12.94 | $22.67M | 1.736M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2527 | $13.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.02 | 2319 | 2 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |