You are right. Only about 30-35 uranium stocks that will at get any attention from institutional funds, the rest have free-float market cap that just can't keep sustained long enough, so the 35 or so microcap would only get wiped out and churn and burn through cash (they are easy prey if they do have interesting drill results, and right locality).
This graph might change everyone's attitudes. On 21 Jan 2021 (Bannerman) announced they have URA inclusion, and prior had HURA, and URNM inclusion. There price barely moved from 21 Jan 21 to Sept 21.
Note URNM was launched 04/12/2019 with about $100M MC. It is now $650M MC (i.e. a lot of new unit creation) especially Sept 2021.
Checking URA on Sept 2021, they had only 33M units (~$825M MC). It is now 55.8M units. ($1.1B MC).
AGE has gotten this far with no ETF inclusions; so only a matter of time when further unit creation soaks AGE to the point the share price rises materially.
~1M URA units = 1.8M AGE shares in current prices.
- Forums
- ASX - By Stock
- AGE
- Ann: Option to acquire 100% of the Piedmont Nickel Cobalt Project
Ann: Option to acquire 100% of the Piedmont Nickel Cobalt Project, page-41
-
- There are more pages in this discussion • 4 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 AGE (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.2¢ |
Change
-0.004(8.70%) |
Mkt cap ! $162.5M |
Open | High | Low | Value | Volume |
4.5¢ | 4.5¢ | 4.2¢ | $219.2K | 5.058M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 927189 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.3¢ | 158409 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 927189 | 0.042 |
2 | 85000 | 0.041 |
12 | 1677750 | 0.040 |
7 | 367633 | 0.039 |
10 | 780683 | 0.038 |
Price($) | Vol. | No. |
---|---|---|
0.043 | 158409 | 2 |
0.044 | 2228809 | 5 |
0.045 | 460270 | 1 |
0.046 | 1324918 | 5 |
0.047 | 216075 | 2 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
AGE (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online