I'm kinda with DULL on this. I've taken the average down approach. Occassionally someone seems to want to get set and it goes for a bit of a run and I've always taken the chance to bang a few out in the confident belief I'll be able to re-enter more cheaply. Over the last two years that has allowed me to average down from +30c to 19.5c. I now have a reasonable stake but am still (obviously) well under water. I think Aussinanis is a dud, Tumas will disappointing and the red sand resource looks interesting and and I like the fact that Langer Heinrich is up the road. So I can envisage a commercialisation strategy but they urgently, desperately need a management team that knows how to drive shareholder value rather than just fund a happy lifestyle kicking rocks in Namibia. In truth what really attracts me is the cash backing which I think will keep this stock alive until the next uptick in the uranium price. I'm still hopeful of making a decent return on this one but if it saw 20c in the short term, I reckon I'd be outa here in a flash. Agree with you on the options!!
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I'm kinda with DULL on this. I've taken the average down...
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$1.39 |
Change
-0.015(1.07%) |
Mkt cap ! $1.361B |
Open | High | Low | Value | Volume |
$1.43 | $1.44 | $1.38 | $1.457M | 1.034M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 54939 | $1.39 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.39 | 11659 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 54530 | 1.385 |
15 | 68038 | 1.380 |
15 | 104520 | 1.375 |
10 | 104526 | 1.370 |
4 | 23527 | 1.365 |
Price($) | Vol. | No. |
---|---|---|
1.390 | 22947 | 12 |
1.395 | 55133 | 21 |
1.400 | 161186 | 19 |
1.405 | 42327 | 12 |
1.410 | 152517 | 14 |
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