It's my estimation based on supply vs demand. Taking into account current stockpiles, increasing supply (cigar lake, Kazakhstan etc), japan's crawling pace to bring reactors back on line and the pace of ageing and shuttered reactors vs those under construction in the next few years. It just doesn't appear to me that we will have a true supply problem until the demand truly kicks in and due to the above I think that will be in 2020.
I don't feel I'm a pessimist. I've been optomistically holding tens of thousands (more than I like to think about) of dollars of this stock and now I've become a realist.
debt paid in next 5 weeks, page-9
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Last
$10.16 |
Change
-0.040(0.39%) |
Mkt cap ! $3.038B | |||
| Open | High | Low | Value | Volume |
| $10.00 | $10.24 | $9.96 | $17.95M | 1.771M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5383 | $10.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.19 | 1000 | 1 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |