Vedanta seeks $1 billion in upsized share placement
Vedanta is joining a slew of Indian companies tapping stock investors amid surging valuations and increasing demand for equity investments in the country.
The Australian’s Tim Boreham weighs in on the uranium stock crash: How many more images of steam billowing from nuclear reactors and reports of on-again, off-again fires can investors endure before they tune out?
With the crisis enduring yesterday, but with little extra context added, uranium punters sniffed the tipping point and weighed back in.
Shares in producers Paladin Energy and Energy Resources Australia rebounded 13 per cent and 10 per cent respectively after two days of dreadful losses.
Brokers have taken the chance to assess what the Fukushima “incident”, which we’re sure it will be referred to in future Japanese textbooks, means for the listed sector.
