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UEX Corp UEXCF



GREY:UEXCF - Post by User

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Post by hockeyplayeron Jun 18, 2021 10:29am
189 Views
Post# 33410880

Short term thinking

Short term thinkingToo many here are trying to determine a winner and a loser on what the share prices do over a couple of days, a single day, a few hours or even a few minutes. Seriously?? 

Lets compare apples to apples, or at least try to. 

Before the April 22 announcement, that UEX would be purchasing the JCU assests, UEX was trading around .29 - .30.  This fact must be taken into consideration, when determining how the market has reacted to where we are at today, with the deal that has been reached. 

Up until June 15, the market had no idea DML would get any piece of JCU. And, in the week leading up to the announcement DML was trading at 1.60 - 1.70. 

Yes, there are many other factors to consider, time, the movement in the spot price, SPUT, the market in general, etc.....

But seriously, the market has in no way responded more favourably for DML, in fact, one could say, it has had little to no effect on it's share price.
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