34.1 million shares to be bought according to JP. Morgan report from Friday + 14m from Uranium X ETF, so 48m shares to buy, which at VWAP (on long run) will take > 1.5 months.
Then add in the fact a deep value guy is clearly buying the dips (pretty clear from broker data on top 2), then it will trade like Emeco did after coming out of bond holder selling, +140% in 3 weeks, as Insto concentration in this name is high and free float low.
*JP Morgan - 48m shares to BUY
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 (20min delay)
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Last
$15.50 |
Change
0.610(4.10%) |
Mkt cap ! $4.626B | |||
| Open | High | Low | Value | Volume |
| $15.00 | $15.50 | $14.85 | $20.41M | 1.337M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 999 | $15.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.52 | 400 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$15.47 |
Change
0.610 ( 4.74 %) |
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| Open | High | Low | Volume | ||
| $15.09 | $15.48 | $14.86 | 264850 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| PDN (ASX) Chart |