Some good points. I have considered the price decline relative to spot to be due to the market pushing out their expectations of the timing of the uranium price rise? It would be really interesting to see how the forward curve has shifted between Aug 1, Nov 17 and today if anyone has access to it. Might be that the long term spot prices have reduced a lot and the pricing is more reflective of that drop? or maybe not?
Why did PDN rise in Australia yesterday?, page-15
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Last
$13.17 |
Change
0.020(0.15%) |
Mkt cap ! $3.937B | |||
| Open | High | Low | Value | Volume |
| $13.29 | $13.39 | $13.04 | $23.61M | 1.782M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7662 | $13.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.18 | 22798 | 2 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |