The Australian share index is starting to look like it is going into free-fall. I wonder where the bottom is?
Chart updated to the 16/06/2011
Australian Uranium Share Index is getting very UGLY
June 19th, 2011
Month: June 2011
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POliticians talking up uranium share market not buying it
June 9th, 2011
Despite a number of positive comments by Martin Ferguson et al about the brilliant future for uranium the Australian Uranium Share Index still presents a gloomy picture (again) this week.
Personally I think that the new green tinged senate in july will make any progress within Australia reasonably doubtful. The Namibian uncertainty is still looming large… but perhaps a bright spot with AURA energy ASX: AEE rising strongly today… http://australianuranium.com.au/australian-uranium-graph.html
Uranium share indexes updated and still ugly
June 3rd, 2011
There has been some chatter that uranium shares were coming into favor. I’d been waiting to see the Australian share index’s behavior over the last week… still doesn’t look nice and seems that it might still have further to go.
http://australianuranium.com.au/australian-uranium-graph.html
I’ve added in the GURAF chart as it is useful to see how the global index is going as compared with the Aussie plays.
