Uranium ETF (URA) vs Uranium Price (UX1)
arbitrage opportunity here ? I believe so.
Either:
A) the miners can rise to meet the spot price
B) the uranium price can fall to meet the miners
C) they can meet somewhere in the middle
If you're long the miners, downside is minimal. Very interesting sector.
PEN update
Should get moving once bell potter have finished selling imo.
Uranium ETF (URA) vs Uranium Price (UX1) arbitrage opportunity...
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