I keep hearing about shortage of this and that, but they never go on for very long, higher prices bring out the sellers.
Check what happened to the uranium price in 2007. An enormous crash. I remember it specifically, in fact I made a bit of money trading PDN, but when anything spikes vertically, it's buyer beware. Everyone reckoned we were running out of U.
What happened ?, page-45
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Last
$1.41 |
Change
-0.010(0.71%) |
Mkt cap ! $1.361B | |||
| Open | High | Low | Value | Volume |
| $1.42 | $1.42 | $1.39 | $7.034M | 5.006M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10181 | $1.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.41 | 75086 | 4 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| DYL (ASX) Chart |