trading drying up

On Tuesday there was no trading in UXA because no shares were on offer. At the end of trading there were bids for 246,946 shares and nil shares on offer.

The third quarter report is out in the next few days.

Shareholders have over 182 million shares and this is not a tightly held stock.
1) Perhaps the stock price has fallen so low there is little point in selling.

2) Directors are not responding but this may be because the third quarterly report is imminent.

3) There have been no rumours of any interest in Uranium Exploration Australia Limited, though at this price predators MAY be running their slide-rules over UXA.

4) The exploration possibilities at Myroodah and Yambla later this year have raised hopes of UXA having a significant find at last.

5) The Reliance joint venture tenements remain interesting even though exploration information has remained sparse.