ASX Ends Flat as Boss Energy Leads Uranium Rout — as It Happened

Honeymoon for shorters as Boss tanks on mine update

Shares in Boss Energy have tanked more than 25 per cent, after the most shorted company on the ASX conceded its Honeymoon uranium mine is not as good as originally spruiked.

Boss Energy shares crash on uranium mine downgrade

The honeymoon is over for the company after its stock price slumped to a four-year low on proof its South Australian site contains less minerals than expected.

ASX ends flat as Boss Energy leads uranium rout — as it happened

The uranium sector weighed on the ASX after Boss Energy warned of lower expected output from its Honeymoon project, while the big iron ore miners gained ground. See how the trading day unfolded on the business blog.

Honeymoon glow fades: Boss crashes to 4-year low on grade, extraction misreads

Boss Energy (ASX:BOE) has plunged as much as -27% lower up to Friday after a long-awaited Honeymoon update, with stocks hitting a four-year low after the company warned there’s less saleable product than first thought. Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more. Hopes around Honeymoon have been strong since around 2021, when the uranium …

Why Boss Energy, Paragon Care, Treasury Wine, and Woodside shares are falling today

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a small decline. At the time of writing, the benchmark index is down 0.15% to 8,572.6 points. Four ASX shares that are falling more than most today are listed below. Here's why they are dropping: Boss Energy Ltd (ASX: BOE) The Boss Energy share price is down 28% to $1.13. This follows the eagerly anticipated release of the uranium producer's Honeymoon project review. S…

Boss Energy Shares Plunge After Study Withdrawal

Shares in Boss Energy have plummeted, hitting a four-year low after the company withdrew a feasibility study for its Honeymoon project in South Australia. The stock experienced a significant drop of 25 per cent, reflecting investor concern over the project’s viability. Boss Energy is an Australian uranium mining company focused on developing and producing uranium. It aims to become a reliable supplier in the global uranium market. While Boss Ene…