Whilst it was recently suggested by the company that this quarter a price above spot will be obtained, it is unwise to expect that past history (with regard to long term contracts) provides an indication of future pricing.
All the forward sales are based on spot, so I would expect a higher proportion of sales in the future to have a spot component.
Sadly, with the spot price down again, the company is back to losing money. The prosperity of the company all depends on the price through the first half of 2015.
Separately, my guess is that the recent short selling was based on the speculation and then announcement of the election, and the attendant risk that a government unfavourable to nuclear would come into power. An alternate view is that the re-election of the current government will increase the likelihood of further reactor restarts as they will have more time to get them going before the next election. I'd put my money on the alternate view, but that remains to be seen.
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Whilst it was recently suggested by the company that this...
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Open | High | Low | Value | Volume |
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3 | 33470 | 1.360 |
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Price($) | Vol. | No. |
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