yes we are going down
the big fund flows are not coming into the sector which is why the price is going backwards. the last leg is a great example URNM and URA were all up with big inflows every day for the majority of august.
the price needs to consolidate, it happened in the last cycle and it will need to happen in this one. it's all healthy for the sector and for us speculators in the long term
IMO trading in and out of this sector (within the year) isn't the smartest thing to do especially due to its volatility, unless of course you are a professional
if the rumours are true and sprott does go for a nyse listing again, things will change rapidly.
the sector as a whole is still sub 50B, with limited access for small institutions and no access for big funds and institutional.
we are still in the early stages and we havent see anything yet
THE SQUEEZE IS ON, page-722
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Last
$1.37 |
Change
-0.008(0.54%) |
Mkt cap ! $1.328B | |||
| Open | High | Low | Value | Volume |
| $1.35 | $1.38 | $1.35 | $1.696M | 1.244M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 50 | 76046 | $1.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.38 | 115368 | 19 |
View Market Depth
| Last trade - 14.53pm 01/11/2024 (20 minute delay) ? |
| DYL (ASX) Chart |