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5.83%

54.5¢ elevate uranium ltd

Sprott Physical Uranium Trust, page-12

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happydad

902 Posts.

88

24/08/21

10:07

Post #: 55520128
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Originally posted by Zinzan4: ↑

lol,

They've acquired another 400,000 today and have nearly $4m left over for tomorrow.

It's insane,

My only fear is that, if I'm a trader (or a miner) and given 6 months notice, I'm buying up all the Uranium I can find and hoarding it until the price gets into the $50's before dumping it all back on the Spott market for Sprott to buy. So it's more surprising to me that sellers are selling - like, if I can sell my car this week for $10k or guaranteed next week for $15k ... I aint selling it this week. And that's what my fear is - it doesn't make any sense for sellers to be selling.

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I think everyone has their own reason for selling, eg: brining cash into your business to deploy in other opportunities. Even with shares, why would anyone sell uranium shares today when they are likely higher in 30 days?

EL8 Price at posting: 28.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 54.5¢		Change 0.030(5.83%)		Mkt cap ! $168.1M

Open	High	Low	Value	Volume
53.0¢	55.5¢	53.0¢	$1.021M	1.881M

Buyers (Bids)

No.	Vol.	Price($)
2	6255	54.0¢

Sellers (Offers)

Price($)	Vol.	No.
55.0¢	10000	1

View Market Depth

No.	Vol.	Price($)
1	12500	0.600
1	2971	0.580
4	12678	0.570
1	20000	0.555
1	100000	0.550

Price($)	Vol.	No.
0.540	1055	1
0.545	1700	1
0.550	38079	3
0.555	58330	3
0.560	135824	7

Last trade - 16.10pm 20/05/2024 (20 minute delay)


Last 54.5¢			Change 0.030 ( 9.00 %)
Open	High		Low	Volume
54.0¢	55.0¢		53.5¢	436566
Last updated 15.59pm 20/05/2024 ?

EL8 (ASX) Chart