Last nights announcement is tipped to spur more speculation in commodities.
Is Uranium cherry ripe for a decent uplift? With rates expected to stay lower for longer, doesnt it make sense that the utilities lock in todays prices now? After all @ 1-2% holding cost per annum, a smart utility could lock in supply going forward for peanuts. They all know that a supply crunch is coming, why wait for the stampede and get caught out paying 50% higher prices in 5 years when they could lock in 10 years supply using 1 or 2 % money?
qe 4
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Last
$9.79 |
Change
0.155(1.61%) |
Mkt cap ! $2.923B | |||
| Open | High | Low | Value | Volume |
| $9.94 | $10.07 | $9.77 | $21.76M | 2.188M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1860 | $9.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.79 | 4567 | 17 |
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| Last trade - 13.48pm 08/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |