It all hinges on what PDN want to do with their holding. The last audit report said SMM will ultimately need a capital raising to keep going. I doubt PDN would want to keep holding, they may sell down or completely exit given the stagnate price of U and the inaction of the QLD government over the years. In any event, no new U mines will be developed in Australia unless there is a long term price north of $70USD a pound.
My opinion is there is too much negativity around the safety aspects of Nuclear Energy and reports I have read with regard to the development costs of U Power stations are out of control. Moving forward I feel that countries and Governments will look at alternative energy solutions at the expense of Nuclear.
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Last
0.4¢ |
Change
0.001(16.7%) |
Mkt cap ! $3.608M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $228 | 65.00K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
36 | 24020836 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 5696998 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
36 | 24020836 | 0.003 |
19 | 16533666 | 0.002 |
16 | 44500203 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 5696998 | 11 |
0.005 | 5019345 | 10 |
0.006 | 3930515 | 6 |
0.007 | 3521857 | 5 |
0.008 | 1000000 | 1 |
Last trade - 11.54am 13/11/2024 (20 minute delay) ? |
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SMM (ASX) Chart |