URA 5.56% 1.7¢ uran limited

A quick look says that this is currently the second highest...

  1. 12,454 Posts.
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    A quick look says that this is currently the second highest volume day in the last 12 months ... reasonably significant.

    Something else I checked that might be of interest - In the last month, around 30 million shares have been bought BELOW 3 cents at around 2.8 vwap. So we have holders of around 30 million shares sitting on 40% - 50% profits.

    Current volume is nearly 23 million, and I would expect to reach 30 million by day's end. So many of those holders will have taken profits. Yet despite this, the SP has continued to remain firm, soaking up these sellers easily!.

    The break though of the 4.2 resistance cant be far away IMO.
 
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