RE:-5.28% ooooooooouch!Sounds like it might be time to buy so I will wait for the blood in the streets and pick up some nice bargains then sit back and relax. I do wish folks would not get worked up by the spot price. It is almost inconsequential...it is the term price that matters more...alot more. Spot is very thinly traded so small perturbations are amplified well beyond their importance. Quietly today, in Japan, Sendai reactor number 2 started up again so we now have Ikata 3, Sendai 1 and Sendai 2 on line and burning Uranium. Also hardly mentioned in the media (who are all anti nuclear so not to be trusted for accurate information...about anything really) was the fact that 10 plants (including the three now operating) now have approval from the Japanese Nuclear Regulatory Commission who have declared they meet all the new safety regulations. Legal objections are preventing the restart of Takahama 3 and 4 and a decision on that is expected this month....which means next week now. That is something to watch closely. While I cannot predict the outcome of that judges decision I cannot see that Kyushu electric power company would be denied its right to operate while other companies can operate their plants. Interseting times in Japan...but they desperately need some relief from burning tons of fossil fuels and destruction of their economy.
But let's wait and see. In the meantime Arrow just keeps getting bigger and bigger. Really gonna stick my neck out now and say that Arrow is a 500 Million pound plus deposit. In 5 years time NXE will look like a giveaway at $3.87 and all those with the clarity of 20/20 hindsight will wish they had not sold. Such is the cost of having no patience.
Good investing.