34.1 million shares to be bought according to JP. Morgan report from Friday + 14m from Uranium X ETF, so 48m shares to buy, which at VWAP (on long run) will take > 1.5 months.
Then add in the fact a deep value guy is clearly buying the dips (pretty clear from broker data on top 2), then it will trade like Emeco did after coming out of bond holder selling, +140% in 3 weeks, as Insto concentration in this name is high and free float low.
*JP Morgan - 48m shares to BUY
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Last
$8.20 |
Change
0.460(5.94%) |
Mkt cap ! $2.955B | |||
| Open | High | Low | Value | Volume |
| $8.04 | $8.32 | $7.90 | $30.65M | 3.704M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $8.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.22 | 2649 | 1 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |
