ERA 0.00% 3.8¢ energy resources of australia limited

i can't help think that uncertainity is behind steady erosion of...

  1. 14,052 Posts.
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    i can't help think that uncertainity is behind steady erosion of price
    it is has been relentless 2% practically everyday

    the source of uncertainity could be whether or not the Mirarr will give the era the go ahead, it could be a fall in popularity of uranium as a source of cheap energy since Fukushima or it could be lack of production due to flooding

    In March, Goldman said that the stocks where overpriced based on the price for uranium

    PDN was being valued on the basis of a $70-80
    at $50 it is worth $2.50
    ERA was supposed to be $7.30 odd
    But that was before the flooding came out I think


 
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