We just has the kaz 24 improved numbers guidance of 6 % better and the bottom starting falling in uranium stocks
and was of no significance to western utilities where most of the kaz production is going to China and Russia
it was imo the big end squeezing the retail out and all uranium majors had shorts increase as well to keep the down pressure
now we have the kaz 25 numbers down by 17% China and Russia will get there fill and the crumbs if any
is going to affect the western utilities who have to secure supply from ? and will put pressure on spot price
the U.S. uranium sector was a big green on Friday with The ETFs up a average of 10%
will see if the shorts take this news seriously and cover
Monday on the asx will have plenty of buy buttons being pressed
LOT Chart, page-316
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Last
26.5¢ |
Change
0.005(1.92%) |
Mkt cap ! $556.6M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 27.0¢ | 25.5¢ | $3.737M | 14.22M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 322222 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 418718 | 6 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| LOT (ASX) Chart |