People keep calling the bottom and getting surprised.
What is required, is Japan to start re-starting their reactors to soak up their domestic supply and take on contracts. Then China which is forcing growth into cities to build and supply their reactors, they are trying to do 30% domestic, 30% from Kazakhstan etc. and the rest from the open market, but their demand will be incredible when it comes onstream, and the best part is... it is ongoing for maybe 50+ years....
Also the number of decent producers of Uranium, explorers and speculatives left standing is very, very small, so many got wiped out. The companies operating in 2019-2020 etc. will reap the rewards. I believe DYL will be one of those. Just remember that U is a very slow cycle time with those "rip your face off rallies", and you want to be positioned at the right time in the right companies, as usual.
GLTAH
AA DYOR.
DYL Chart, page-119
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Last
$1.05 |
Change
0.035(3.47%) |
Mkt cap ! $1.013B | |||
| Open | High | Low | Value | Volume |
| $1.03 | $1.06 | $1.02 | $3.833M | 3.686M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6541 | $1.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.05 | 134847 | 8 |
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| Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
| DYL (ASX) Chart |