What PDN was is irrelevant . As correctly pointed out, every time there is a dilution, the ability of the SP to reach previous levels becomes much more difficult . A better measure is market cap as once you consider dilution you can see what SP the market cap will reach previous levels . For PDN to be 2 dollars ,both mines would need to be strongly cash flow positive which means a U price of around 70 IMO
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 (20min delay)
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Last
$8.17 |
Change
0.170(2.13%) |
Mkt cap ! $3.260B | |||
| Open | High | Low | Value | Volume |
| $7.97 | $8.18 | $7.86 | $17.56M | 2.192M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1500 | $8.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.17 | 10036 | 4 |
View Market Depth
| Last trade - 16.20pm 22/07/2025 (20 minute delay) ? |
| PDN (ASX) Chart |