We certainly have! Sput bought 400.000LBs overnight and is trading at a 5.7% premium so should be able to raise more $$ and buy more Uranium this week. So its quite possible we have hit the low point in U spot.
I have been noticing quite a difference between the ASX listed U stocks and the US/CAD listed U stock over the past two weeks, and having a look around it appears I am not the only one. It looks like the ASX U stocks have fallen by about 15 to 20% more (35% to 40% vs just 20%) compared to their US/CAD counter parts. Reason unknown!
Hopefully we will make up the lost ground on the next run up.
U Spot price, page-298
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Last
52.5¢ |
Change
-0.015(2.78%) |
Mkt cap ! $161.9M | |||
| Open | High | Low | Value | Volume |
| 54.0¢ | 54.0¢ | 52.0¢ | $263.0K | 498.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9998 | 52.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.0¢ | 1869 | 1 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
52.5¢ |
Change
-0.015 ( 1.41 %) |
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| Open | High | Low | Volume | ||
| 53.0¢ | 53.0¢ | 52.0¢ | 116921 | ||
| Last updated 15.58pm 08/05/2024 ? | |||||
| EL8 (ASX) Chart |