If the stock had fair value of $12 after peaking at $13.50 after the announcement of reduced time to commercialisation and before credit crunch probs then i believe we are now looking at 14-15 as fair value. It now appears there is no doubt that this technology will get cheap enriched uranium to market in 4-5 years at most. As well as this increased certainty, it is now clear that GE are looking to enrich as much of the stuff as they can far and wide. Look for GE to start spruiking in China, where they allready have strong presence.
Dont forget about solar developments coming Q1'08.
Call your friends then call your broker. Load up.
15 dollars
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Last
$4.21 |
Change
-0.210(4.75%) |
Mkt cap ! $997.2M | |||
| Open | High | Low | Value | Volume |
| $4.30 | $4.31 | $4.19 | $3.289M | 775.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 3741 | $4.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.22 | 802 | 1 |
View Market Depth
| Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
| SLX (ASX) Chart |