http://finance.ninemsn.com.au/newscolumnists/greg/8757750/uranium-ticks-higher
Maybe it is all coming together.... we are reaching zero hour.
Get the feeling somethings about to give and this thing is going to get moving.
If they go capital raising and hold full 100% of LH the dilution can be negated by investing the funds positively. They could be used as a buffer against further low spot price and cash burn or given the scenario that spot keeps rising now use funds as an investment into other value adding works to the company. I guess if the sale is delayed the golden outcome may be they have rising spot, keep LH in full and could decide in an improving market to easily get shareholders to invest with confidence in to new projects to add real value to company. This would be a real turnaround. Raising funds doesn't have to be dreadful it can be a strong sign that they are adding funds in to an improving market to given a further boost to company asset base.
Hope the meeting goes well all attending.
Investing long term. My thoughts and opinions.
http://finance.ninemsn.com.au/newscolumnists/greg/8757750/uranium...
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Last
$10.09 |
Change
0.190(1.92%) |
Mkt cap ! $3.016B | |||
| Open | High | Low | Value | Volume |
| $10.16 | $10.19 | $9.99 | $15.71M | 1.562M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1986 | $10.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.10 | 5000 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| PDN (ASX) Chart |