Sprott runs a number of Uranium ETFs. They do not manage companies but merely invest in them. If you checked their Uranium ETF constituents you would see companies like PDN, DYL, TOR, PEN and many other ASX Uranium companies are members. Their SPs have benefitted substantially from cash following from the ETF into their shares. From Sprotts's perspective 1AE is too small yet to be included in its ETFs. Once it is granted membership, the flow of cash from the ETF will put persistent upward pressure on the share price. Hence it has not yet been discovered by Sprott and once it has been we can all enjoy the ride.
The lack of buying volume is the reason for the lack of movement in the SP. Manipulation is just a myth and is not the reason for the SP lanquishing.
- Forums
- ASX - By Stock
- 1AE
- Ann: Initial Director's Interest Notice
Ann: Initial Director's Interest Notice, page-9
-
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add 1AE (ASX) to my watchlist
(20min delay)
|
|||||
Last
6.5¢ |
Change
0.001(1.56%) |
Mkt cap ! $11.63M |
Open | High | Low | Value | Volume |
6.4¢ | 6.5¢ | 6.4¢ | $3.018K | 46.81K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 173761 | 6.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.5¢ | 1739 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 173761 | 0.064 |
2 | 412682 | 0.063 |
2 | 98064 | 0.062 |
6 | 411665 | 0.060 |
1 | 120000 | 0.059 |
Price($) | Vol. | No. |
---|---|---|
0.067 | 40457 | 1 |
0.070 | 500 | 2 |
0.072 | 161364 | 3 |
0.090 | 160000 | 2 |
0.091 | 145677 | 1 |
Last trade - 15.14pm 23/07/2024 (20 minute delay) ? |
Featured News
1AE (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online