Similar off loading percentages to August 22.
So they choose to only offload 20-25% of total shares traded.
I assume they still well above 60m shorted.
Based on this they will need close to 300m shares turned over to liquidate their positions not that they will.
Next couple of months gets very interesting as the only hope they have is a falling U308 price.
We have URA rebalance
EFT's buying
KAP and CCJ pontential production downgrades
URNM and URNJ rebalancing
Rising U price
Rising demand being announced each week.
I'm hoping $1.50 becomes new support now.
$2 SP has us sitting with a swag of companies around $1.5-1.6b market cap on the edge of ASX200.
THE SQUEEZE IS ON, page-1287
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 (20min delay)
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Last
$1.32 |
Change
0.030(2.33%) |
Mkt cap ! $1.280B | |||
| Open | High | Low | Value | Volume |
| $1.35 | $1.38 | $1.32 | $5.779M | 4.308M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 26240 | $1.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.33 | 23474 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| DYL (ASX) Chart |