Dr - simple answer to your question will be profit taking. About six weeks ago we hit a low sp of 3.5c. From then to now, its a decent 65% return. Thats more than any blue chip stock will return over several years.
As I mentioned, this is the simple answer. On the verge of some critical announcements by UXA, my guess is those people who researched the company are either holding or accumulating.
Just a thought - GXY recently (Jan 2011) announced some REE and the price jumped by about 10% on the day. Proto resources made an announcement year before (about June 2009) and the price went a few fold (i.e. multibagger) on the trading day. Where will a positive announcement take UXA?
Always dyor.
Dr - simple answer to your question will be profit taking. About...
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