Dec. 11 at 7:08 PM
Short restriction (SEC Rule 201) has been triggered for URG, while:
- new convertible note of URG at 4.75% due to 2031 has conversion rate of 1.73 USD/sh URG
- SPUT is trading > NAV
- uranium spotprice⬆️
- other stocks⬆️
I just reopened a position in UR-Energy URG
Sharp share price decline today due to first overreaction on the announcement of a convertible note.
Until people start to read that the conversion price is at 1.73 USD/sh URG
Current share price at 1.23 USD/sh 🙂
$NXE $EU $UROY $DNN $UUUU