EL8 1.28% 39.5¢ elevate uranium ltd

EL8 CHART, page-248

  1. 1,809 Posts.
    lightbulb Created with Sketch. 211
    I get your frustration around the SP not being where you expect, but 'junior' explorers are the last to move (and with the most volatility) and this stock is no exception. Look at the charts of PDN and DYL - they too have been kicked in the guts over the last year or so.
    What issues? I don't see discovering huge amounts of U in Namibia and adding pounds to their already large resource, to be such an issue.
    What keeps me holding is the story of Rick Rule holding Paladin in the early days, where he bought it at 10c and over the course of the next few years he watched it painfully drop down to 1c, but still held on and added to his position, then ultimately it ran up to 10 DOLLARS. I'm not saying EL8 is another Paladin, but the SP at this point in time is no reflection of the current value or the future SP, if anything it is still a GIFT a bit like where junior silver developers are ATM.

 
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Last
39.5¢
Change
0.005(1.28%)
Mkt cap ! $121.8M
Open High Low Value Volume
41.0¢ 41.5¢ 39.5¢ $418.1K 1.021M

Buyers (Bids)

No. Vol. Price($)
1 12818 39.5¢
 

Sellers (Offers)

Price($) Vol. No.
40.0¢ 8777 1
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
EL8 (ASX) Chart
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