For those of you who missed out on an allocation in the southern uranium IPO, you can still gain exposure to it through southern gold shares (SAU). Southern gold still holds a 39% stake in southern uranium which is set to float on the 30th of March.
A recent example is Arafura resources (ARU) who spiked from 53c on the 05/03/07 to a high of 87c on the 16/03/07 when its demerged uranium exploration company NuPower resources (NUP) (which ARU only holds 10% of) floated on the ASX.
Southern uranium closed very early and heavily oversubscribed, IMHO there is certainly easy money to still be made by gaining exposure to this float through southern gold (SAU).
For those of you who missed out on an allocation in the southern...
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