Shumsta - I think we have to respectively disagree. IMO it all comes back to your view of the efficiency of the market - I belive in the old adage that in the short term the market is a voting machine but in the long term a weighing machine. For the price of uranium (including SLX) to be so clearly influenced by the latest (and past) announcements from Kazatomprom appears to be just the voting machine in vogue and little to do with "value". As I have conceded volatility is governed by the "spot price" but IMO long term it's "value" that governs the share price. Everyone to their own but I'm not a trader.
Share price, page-1095
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Last
$4.59 |
Change
-0.090(1.92%) |
Mkt cap ! $1.093B | |||
| Open | High | Low | Value | Volume |
| $4.80 | $4.80 | $4.58 | $407.3K | 86.72K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1301 | $4.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.59 | 1539 | 17 |
View Market Depth
| Last trade - 11.00am 04/10/2024 (20 minute delay) ? |
| SLX (ASX) Chart |