Ummmmm.... This doesn't look good for Silex???
Also of note this quarter:
In July 2014, the majority partner of GLE decided to significantly reduce funding to GLE. In accordance with the provisions of IAS 36Impairment of Assets, we considered this to be an indicator that our investment in GLE could potentially be impaired and, accordingly, we estimated the assets' recoverable amount. As a result of this review, we have impaired the full value of our investment and recorded a charge of $184 million in the third quarter.
They looked at what was recoverable and impaired THE FULL VALUE OF THE INVESTMENT!!!
Cameco Reports Third Quarter Financial Results
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$5.33 |
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0.260(5.13%) |
Mkt cap ! $1.262B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 1 | 336 | $5.29 |
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| Price($) | Vol. | No. |
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| $5.34 | 1698 | 1 |
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