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1.94%

50.5¢ elevate uranium ltd

That would only bring forward the price rise. If they aren't...

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Johnyb888

1,454 Posts.

998

24/08/21

12:38

Post #: 55526744
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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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That would only bring forward the price rise. If they aren't selling under $50 the price will quickly go to $50.

EL8 Price at posting: 28.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 50.5¢		Change -0.010(1.94%)		Mkt cap ! $155.7M

Open	High	Low	Value	Volume
51.5¢	52.0¢	50.3¢	$251.9K	491.4K

Buyers (Bids)

No.	Vol.	Price($)
4	70984	50.0¢

Sellers (Offers)

Price($)	Vol.	No.
50.5¢	23077	1

View Market Depth

No.	Vol.	Price($)
1	257	0.530
1	3521	0.525
8	14474	0.520
2	12622	0.510
2	50100	0.505

Price($)	Vol.	No.
0.505	31877	4
0.515	33000	2
0.520	71750	6
0.525	76779	3
0.530	170953	3

Last trade - 16.10pm 06/05/2024 (20 minute delay)


Last 50.5¢			Change -0.010 ( 1.94 %)
Open	High		Low	Volume
51.5¢	52.0¢		50.5¢	129443
Last updated 15.59pm 06/05/2024 ?

EL8 (ASX) Chart

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