GREY:UEXCF - Post by User
Post by
mangoeon Jun 18, 2022 7:56pm
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Post# 34767101
Your UEX & UEC is almost on par or = today, with this deal💲
Your UEX & UEC is almost on par or = today, with this deal💲10,000 UEX shares x 0.34 = $3,400 cad
10,000 UEX shares x 0.0831 = UEX 831 shares
UEC share price $3.33 x UEX 831 shares = $2,767.23 usd convert to cad = $3,607.07
Like a previous poster say UEC could go to a $1.00, yes & no, Yes! with a nuclear accident but all uranium stocks would go down temporarily, including UEX without this deal.
No! it will not go to a $1.00 because of the small amount of shares in the Company 280 million shares & great uranium property & after this deal cempletion they will dilute only 13.7 of UEC outstanding shares, that will put them just over 300 million shares in the company, plus UEC 52 week low is $1+ a share & 52 week high is $6+ a share. - UEC maintains its strong balance sheet with over $180(2) million of cash and liquid assets, with no debt, supporting production readiness and its ability to advance a strengthened project portfolio