Yes he's long U stocks. He's also the best source of what's going on in the U space on Twitter.
In this case he's drawing our attention to the fact that UxC, a mob who have been a cheer squad for the "U market is oversupplied" message
and the producer of the laughable monthly price statistics are starting to change their tune. This is a very significant development. The willingness of utilities to sign long term contracts at far higher prices will be affected by UxC telling them that if they don't they may miss out.
Strong close today up one full cent. No shift in the spot price. Coincidence? I think not.
Cheers,
Tim.
Yes he's long U stocks. He's also the best source of what's...
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Last
$12.40 |
Change
-0.160(1.27%) |
Mkt cap ! $3.701B | |||
| Open | High | Low | Value | Volume |
| $12.50 | $12.54 | $12.15 | $33.45M | 2.706M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6658 | $12.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.40 | 290182 | 1 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| PDN (ASX) Chart |