The Sprott Physical Uranium Trust is now trading at what we estimate to be around ~6% discount to the value of it’s Uranium assets which, from what we can tell is the largest discount it has traded at. We are bullish this volatile commodity and we intend to use weakness to add to our position, funded by selling our 5% holding in the ACDC ETF (ACDC), a move we have flagged a few times but have been patiently watching over the last few weeks.
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PULSE CHECK WEBINAR: Portfolio positioning towards FY26
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Tuesday 3rd June – ASX +29pts, IEL, 360, TWE
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Tuesday 3rd June – Dow up +35pts, SPI up +69pts
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MM likes the U-U CN ETF at current levels
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