Cameco (CCJ US) was very strong on Friday night up ~7%, production cuts announced from the worlds largest producer saw spot prices push up through US$100/lb. We are using this strength to take profit on our Uranium exposure across portfolios, noting the US Market is closed tonight for Martin Luther King Jr. Day, meaning we will sell on Tuesday evening.
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A discussion with Geoff Wilson – Wilson Asset Management & James Gerrish – Market Matters
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Thursday 24th April – ASX +49pts, LTR, RMD, NEM
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Thursday 24th April – Dow +419pts, SPI up +13pts
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MM are selling CCJ US in the International Equities Portfolio, taking profit around $US50.00
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A discussion with Geoff Wilson – Wilson Asset Management & James Gerrish – Market Matters
Recorded Monday 31st March

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Thursday 24th April – ASX +49pts, LTR, RMD, NEM
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Thursday 24th April – Dow +419pts, SPI up +13pts
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