I’m reading on X that DYL is now the most shorted stock on the ASX
I can’t believe these f* wit short sellers, ……. like who in their right mind short sells a uranium stock when:-
1. it’s been run by a highly experienced management team
2. there is a raging bull market in uranium
3. the worlds 2 biggest uranium producers Cameco and Kazatomprom are having trouble achieving nameplate production and are about to revise down their production forecasts
4. the US senate is about to ban Russian uranium imports which will drive up uranium prices in the “west”
5. the spot price of uranium keeps ripping higher
6. financial players appear to now be involved in the market, - they are smelling blood, and driving prices higher
7. equity prices are now playing catch up with the rising spot price
8. Niger the world 4th biggest producer has stopped supplying uranium to the “west” putting further pressure on western supply and prices - at the worse possible time for western utilities
This confluence of disruptions in the uranium market will continue to push uranium prices higher in the west, which in turn will push uranium stock prices higher - and the f* wits choose to short sell a uranium stock - go figure that one out
They will get what they deserve and it will be a sea of losses.
No one f*s with John Borshoff and gets away with it.
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Last
$1.08 |
Change
-0.218(16.7%) |
Mkt cap ! $1.054B |
Open | High | Low | Value | Volume |
$1.20 | $1.20 | $1.08 | $12.62M | 11.35M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 36333 | $1.08 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.09 | 181001 | 55 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
20 | 63685 | 1.080 |
28 | 194312 | 1.075 |
25 | 341298 | 1.070 |
20 | 337887 | 1.065 |
14 | 463808 | 1.060 |
Price($) | Vol. | No. |
---|---|---|
1.085 | 161691 | 42 |
1.090 | 151618 | 20 |
1.095 | 221206 | 17 |
1.100 | 418613 | 10 |
1.105 | 64629 | 8 |
Last trade - 13.24pm 02/08/2024 (20 minute delay) ? |
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