time for uran to be proactive

  1. 4,327 Posts.
    Hi Folks

    Nothing is changing here. Despite the US 'again' having a down day, we see Uran trading small/almost non existent volumes and buyers and sellers unable to meet.

    The oppies are now looking like a good punt 'if' you can somehow convince some nervous holders they are way out of the money..

    I dont trade them personally as my focus is the FPO's...but I am very surprised options with an expiry well over 1 year are being sold down.

    The current state of play is a classic "we dont know whats going on but we think it could be big" scenario.

    The company IS responsible for this. Not the market. The market has been a big contributor to the 'sentiment' overall, but the massive falls AND the continued state of the share price is a company communications issue.

    We cannot blame a market when the market cap is where it is...

    At $8 million.

    Folks if Uran was around the 50 million MC levels and in this current situation, then one would expect further weakness...but not at these levels.

    This is CLEARLY on the shoulders of Uran management.

    And again, as ive stated before, any company at this ridiculous market cap with the deals in front of it that Uran has should be trading much higher..

    AS A STARTING POINT.

    40 cents really should be the base. The laziness and relaxed attitude of Urans management has caused this BELOW PAR effort.

    This below par effort I mention is also demonstrated in the companies own rating/rankings in 2007.

    It was in the worst performing 5% of companies in its sector.

    Not a beat up here folks, but a 'reminder' that to accept these current levels as 'market generated' or as macro events is simplistic at best.

    At a market cap of 25 million Uran would be seen as being heavily sold down based on its negotiations and imminent? acquisitions.

    40-50 cents folks.

    Kaye Hobbs, Pat Ryan and company may be doing a lot of work behind the scenes, but that is only 'part' of their responsibilities.

    Listen to 'other' companies and particularly with banks and their conflicts of interest in providing a service AND/BUT also rewarding/servicing shareholders.

    Uran need to be reminded that this is about the people who have supported this company.

    Clearly its time for nes. Its time for explanations in that news...and its time this company took responsibility for the state of affairs re the shareprice and market sentiment that we find ourselves in.

    Support the company? You betcha! I do. 100%. But I am not going to sit here and watch timeline after timeline passed, no explanations given, and no 'effort' being 'demonstrated' in getting this company back to levels it should be trading around..

    RELATIVE TO PEERS and RELATIVE TO ITS NEGOTIATIONS.

    But its a 2 way street. Theres a lot of silence, and no appreciation of their responsibilities to shareholders.
 
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