Biggest con for me is delayed buys or sells. If someone buys or sells a large amount should be reported at the same time not days later. Also limit the amount of spread they can show on a shate most of the the spread looks massive yet when you look at the buy and sell price it's much lower.
Needs more regulating in my books.
Totally agree companies put out a tempting RNS and bang placing apears. Unfortunately there is only a certain amount of cash investors have and all too often it goes to pay BODs wages.
He's got a bit of history for ramping his company. Take today for instance back in Dec he said significant increase in contained uranium. Price shot up and low and behold Darwin sold out.
Actual increase in uranium today is less than 6mlb most of it at a secondary mine. Yet the headline reads 70% increase. Actual uranium increase is less than 15%.
The actual amount of increase is 6mlb across both sites. But I guess you got that lol. Hardly significant another Reilly con trick. Areva will want 50mlb min at one site before looking at it.