SP sitting on what was resistance and now will be support.
Its headed in one direction and a 5 y.o. could tell you which way.
Chartists and fundamentalists are all over this and will enter on news and theres plenty about to drop
When KAP and CCJ announce the supply downgrades in coming weeks the penny will drop for some fuel buyers and long term contract prices will go on a tear and the spot price will continue the next leg.
Utilities will be begging to hand over money to companies like DYL and BNM to get them into production versus having there very expensive reactors sit idle.
Which government is going to risk voters not having power?
Pressure is mounting on governments like WA to lift mining bans and will only increase.
Imagine holding back the material thats going to help countries get to net zero and save the planet.
Then consider the royalties and jobs it will generate as the price continues to rise.
Massive tsunami on the way (bad choice of wording) that will create multi generarional wealth for those who choose to sit and enjoy the ride.
Retail taking some profits while big boys accumulating
THE SQUEEZE IS ON, page-1356
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Last
$1.51 |
Change
0.020(1.34%) |
Mkt cap ! $1.463B | |||
| Open | High | Low | Value | Volume |
| $1.50 | $1.51 | $1.48 | $4.778M | 3.202M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17500 | $1.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.52 | 52678 | 3 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| DYL (ASX) Chart |