AGE 5.26% 4.0¢ alligator energy limited

yeah in this case the perps are probably overseas. Global X -...

  1. 3,470 Posts.
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    yeah in this case the perps are probably overseas. Global X - Uranium ETF in all their infinite wisdom do lend out the underlying share in the ETF for peanuts in exchange for income.

    If you look at AGE top 20, there is BNP Agency Lending - yet gain similar process but smaller allotment of shares. The big-holder might do it just get some income out of the position - they are long-term bullish, and the shorts will likely cover, at some point when more info, or SPUT starts to stack again.

    US Brokers are playing with SPUT at the moment and forcing the price down on close, and whoever has hired them is wanting to keep the price low as long as possible - likely loading up without moving the market.

    You only need to hold down CCJ, and SPUT --- and the rest of the market is still....

    You will find every ASX uranium inclusion - in Global X - URA / URNM have short positions, and varying intensity.
    I'm of the view AGE can put up a good fight against the short positions, under the right conditions.
 
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Change
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Mkt cap ! $154.7M
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Last trade - 16.10pm 15/08/2024 (20 minute delay) ?
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