Better times ahead for Boss Energy and Paladin Energy?
There's a showdown looming in the uranium sector of the Australian Stock Exchange where short sellers have placed big bets against two emerging producers of the nuclear fuel.
5% last week – an improvement on the peak short position of 18.2% just before Christmas.Paladin's recovery from its extreme short-sold measure of three weeks ago coincides with success in winning Canadian Government approval for the Fission merger.There are also indications that a fresh wave of investor interest in uranium is developing though not yet in clear sight with the action occurring in the market for enriched uranium where a shortage appears to be developing.
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