Uranium is NOT FINISHED. I don't understand why people are saying this. There are 100s of reactors around the world still operating as we speak and more to come from China, India, etc. Do they not need uranium?
Yes, there is no denying that the uranium and nuclear sector will be slowing down and this will hurt the spot price and our profits in the short/medium run but nuclear energy will still be used.
This is the critical factor that some people seem to be missing. I'm personally not a fan of nuclear power per se, but I prefer it to say coal. Do I wish that the whole world could be powered by the sun? Yes but that ain't happening any time soon.
Truth of the matter is, the world still needs uranium and we'll be there to give it to them next year; it's as simple as that.
- Forums
- ASX - By Stock
- the truth about pen
Uranium is NOT FINISHED. I don't understand why people are...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PEN (ASX) to my watchlist
|
|||||
Last
8.0¢ |
Change
0.002(2.56%) |
Mkt cap ! $254.9M |
Open | High | Low | Value | Volume |
8.1¢ | 8.2¢ | 7.9¢ | $904.8K | 11.28M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 547650 | 7.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.0¢ | 261157 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 111587 | 0.084 |
4 | 79750 | 0.080 |
11 | 389466 | 0.079 |
8 | 1144424 | 0.078 |
6 | 975077 | 0.077 |
Price($) | Vol. | No. |
---|---|---|
0.075 | 5066 | 1 |
0.077 | 25000 | 1 |
0.078 | 218000 | 2 |
0.079 | 429728 | 6 |
0.080 | 468243 | 3 |
Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
Featured News
PEN (ASX) Chart |