"PDN itself is actually a good buy under the right conditions especially in october bloodbaths"
Agree SO SO TRUE....
Hi all Paladin fans.
For my money I think you can’t go past PDN, the up swings are huge still, they almost into production, most U and precise metals gurus tell all to stick with good producing companies, most of the small spec’s use them as a guide, PDN sneezes the rest catch the cold da da da, Many are not investment grade, lots are just plan gamble fodder. I was in the market with a buy bid yesterday for more PDN it didn’t get to my bid price, but it might a little down the tract, if it doesn’t to bad a have a good holding anyway.
Sold quiet large position in gold and metals mid week, (Listen clearly NOT because you told me too Gobs) because one I was sitting on very good profits, second I felt stocks that I owned had great VOL but the share prices wasn’t doing much, just looked to me the metals were getting tired, longish term, even after we have a sharp drop I think metals and gold will get back on track, hoping to pick up the ones I sold for at least 10% less than I sold..
What I did buy yesterday was WPL made good money with them in the past, managed to fluke the bottom price of $39.90 lowest in about 5 and a half months, oil is of the boil a present, There is no way I believe it will drop to much further for any extend period of time, just from 1970 to now we have doubled the world population, yup 3 billion MORE people, total 6 billion all using oil and oil products There is no way we can sustain cheap oil prices, we will have short term dips. OPEC has said straight out we have a much lower excess capacity than we had 10 years ago, they will turn off the taps if it goes too much lower than $70….. now it’s $66.18 so I would think there not to much down side from here…Plus most oil producing companies do their calculations on 35 to 45 dollars a barrel…At the end of the day one will only make great money if one buy great companies when Mr. market offers them to you at a big discount, funny how many still can’t seem to grasp this…
ALL this is in my humble opinion…
Just my ranting to pass a little time before I go at watch the Crows whip Westies fair boys Freo..
Cheers guys.
Have a great weekend all…Life is great.
Mx......
PS…We’ll lost a couple of great Australians the past few days, no one knows what around the corner, please enjoy your life, if you’re not… Do something about it.
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Last
$11.66 |
Change
-0.170(1.44%) |
Mkt cap ! $3.487B |
Open | High | Low | Value | Volume |
$11.80 | $11.89 | $11.49 | $34.10M | 2.930M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10 | $11.66 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$11.67 | 6642 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 11.630 |
1 | 81 | 11.600 |
1 | 86 | 11.540 |
1 | 200 | 11.520 |
1 | 300 | 11.510 |
Price($) | Vol. | No. |
---|---|---|
11.700 | 2000 | 1 |
11.720 | 300 | 1 |
11.740 | 213 | 1 |
11.750 | 8532 | 1 |
11.810 | 2000 | 1 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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PDN (ASX) Chart |