Markets these days move in extreme cycles and are very unpredictable.
I suspect that this will be plus $1 within the next 12 months. It won't go to $1 in a straight line. Could go from the current price of 45 to 70 all in one go and then keep on making gains until it finally cracks $1. Or it could take some completely different course before it finally hits $1 again.
As the other guy put so well, I am just leaving it alone as I don't want to make the brokers rich by buying and selling all the time. Just hold and wait and be patient.
The same goes for the spot price - it will jump up one day - it has to from the level it is at now, otherwise there cannot be any uranium industry at all! Ludicrously low. Makes no sense.
Markets these days move in extreme cycles and are very...
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Last
$12.48 |
Change
0.060(0.48%) |
Mkt cap ! $3.724B | |||
| Open | High | Low | Value | Volume |
| $12.45 | $12.76 | $12.26 | $26.57M | 2.124M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6286 | $12.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.48 | 5038 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PDN (ASX) Chart |