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.
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Last
6.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.63M |
Open | High | Low | Value | Volume |
6.5¢ | 6.5¢ | 6.5¢ | $2.304K | 35.44K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 198174 | 6.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.5¢ | 64552 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 198174 | 0.064 |
4 | 437300 | 0.063 |
2 | 98064 | 0.062 |
1 | 46422 | 0.061 |
5 | 244999 | 0.060 |
Price($) | Vol. | No. |
---|---|---|
0.065 | 64552 | 1 |
0.067 | 40457 | 1 |
0.069 | 75649 | 2 |
0.070 | 18287 | 3 |
0.071 | 25000 | 1 |
Last trade - 10.48am 24/07/2024 (20 minute delay) ? |
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