how the world is right now and where spot should be look back to the 70s
history repeating
high inflation
war with Iraq and Iran ( Russia & Ukraine )
oil embargo with the Middle East ( critical mineral ban )
oil price per barrel in 1973 $2 in 1982 $30 the birth of opec in 1974 ( birth of uranium )
oil shortage and fuel rationing ( sorry no petrol )
uranium price well over $40lb for long sustained period
well over $200 if adjusted for inflation with a much bigger demand on the horizon
food for thought
imo
how the world is right now and where spot should be look back to...
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Last
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $306.2M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 10.8¢ | $1.280M | 11.61M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 140000 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 4940204 | 19 |
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| Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
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Last
11.0¢ |
Change
-0.005 ( 4.18 %) |
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| Open | High | Low | Volume | ||
| 11.5¢ | 11.5¢ | 10.8¢ | 5253309 | ||
| Last updated 15.58pm 04/06/2024 ? | |||||
| PEN (ASX) Chart |