Yellow Cake Share Discussion Threads

[blah blah] 25/2/2021 19:21

I don't understand what's confusing. The placing price is £2.23 and the retail shares are the same - it's the third and fourth paragraph of the announcement:

The Placing Shares will be placed at a fixed price of £2.23 per Placing Share (the "Placing Price").

The Retail Shares will be offered at the Placing Price.

[w1lbur01] 25/2/2021 19:18

You pay 2.23

[jaf111] 25/2/2021 18:50

donaferentes - nothing weird here....quite standard capital raise and in this case (often not) retail investors can take part......But need to act quickly since offer closes in just over 1 hour

[jonwig] 25/2/2021 18:39

" The Placing Shares will be placed at a fixed price of GBP2.23 per Placing Share (the "Placing Price").
The Retail Shares will be offered at the Placing Price. "

You need to be a PB member to participate. You could try to join now.

[donaferentes] 25/2/2021 18:32

Seems a pretty weird offer - Placing for institutions at a fixed price of £2.23 and the a separate Retail Placing with no pricing, no number of shares mentioned. What do they expect us to do - have faith in a Uranium trader FFS?

Anyone know how this works in practice - closes in 1h 30m.

[jaf111] 25/2/2021 17:27

Interesting news out.....having only recently completed a significant share buy-back YCA are now raising $110m through a placing.....£2.23 which seems ok to me....

Am especially pleased to see this does include a retail offer......so I'm certainly going to be participating

[skyship] 24/2/2021 11:56

Jaf - agreed, resumed weakness also a reflection of the ultra weak $ of course...

[jaf111] 24/2/2021 10:28

....and the strong £ vs $ is another headwind.....

completely agree re buying more at around 220p level...

[middlesboroughfc] 24/2/2021 09:04

love yellow cake

[skyship] 24/2/2021 09:03

Rather counter-intuitive to see U308 down to $28.6, down nearly 16% from May'20 level of $34. Certainly a headwind for YCA; and makes one wonder just why they had that run up to over 240p earlier this month.

Many will have sold into that strength; and will be looking to rejoin the game again back nearer the 220p level.

[bmcb5] 18/2/2021 11:21

Ah, that goes with the territory gb.

Some people can be pretty aggressive, following others and constantly being critical or objectionable. Others like to leave a calling card such as a downtick.

I think on a passive/aggressive scale, this is Quite Passive, and it's all fine with me

[grand bornand] 17/2/2021 19:28

What can be more disheartening than somebody like bmcb5 go to a great deal of effort setting up an additional board covering all u308 companies to assist the sane ones amongst us,then to have his post marked down is a disgrace, that individual should be ashamed of themselves.

[bmcb5] 17/2/2021 17:53

Just for info, I created a board for all uranium companies, here:

[quepassa] 10/2/2021 17:24

Cameco up an astonishing 10% so far in today's Toronto session.

ALL IMO. DYOR.
QP

[richie07] 08/2/2021 10:51

There's no doubt about that renewable is going to have a lot of money thrown at it over the coming decade. What sinks and what rises is still unknowable. I think we'll see that nuclear will need to take up the slack as a proven method of substantial power generation. To use the Churchill quote: you can always count on them doing the right thing after they have tried everything else.

[jonwig] 08/2/2021 10:33

From this?

[richie07] 08/2/2021 10:21

Oh... and the EV revolution is going to need substantial extra electricity generation. Where is that coming from...

[richie07] 08/2/2021 10:08

I'm in for a small amount. A few compelling reasons, the share price below NAV, the carbon emission goals set by almost every developed / large developing nation make nuclear the only rational solution, the commodity and inflation trends and a secure company that are basically an easy buy in to the market.

[skyship] 02/2/2021 10:09

OK - thnx - got it.

[strollingmolby] 02/2/2021 09:25

Ah, drop 'FT Japan says nuclear crucial to hitting net zero goal by 2050' and you may be able to see it... Or open a free account which allows for a handful of articles per month.

[skyship] 02/2/2021 09:22

SM - thanks - sounds very interesting; but unfortunately the FT is a Subs only site, so unable to see the article...

[strollingmolby] 02/2/2021 09:11

Interesting comments from Japan's Energy Minister in this FT article - essentially highlighting that electricity prices shot up last month when heavy snowfall hit, wind and solar was not producing anywhere near enough energy, and the country was on the brink of widespread power cuts. Essentially saying nuclear power is indispensable and he is trying to persuade everyone that nuclear is needed. Only 9 of 60 reactors have been restarted since Fukushima.