Mike Alkin said that there are few (less than 10) SPOT traders. He is one of them. So price manipulation is not difficult. Some said it is due to Putin's atomic threat. I say, this is volatile correction. Just uranium market. Nobody expected this.
Now sprott is on -6% discount. This include last price drop. For me, if you believe in U-story. This is opportunity to buy some physical.
Overall market is due to correction because of AI mania. I'm not sure what uranium funds will behave then.
Looking at charts, yesterday U.U was bought at heavy volume at end of a session.
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Last
62.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $99.19M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| PEN (ASX) Chart |
Day chart unavailable