PDN 0.51% $11.83 paladin energy ltd

Ann: Voluntary Suspension, page-33

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  1. 3,125 Posts.
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    My speculation dollar is often directed at a down trodden sectors and or stressed company at the bottom of the tide. Based mostly on a U price recovery by now, I speculated/invested and will lose 5% of my portfolio on U if PDN doesn't trade again.
    Given climate change & coal on a long death march, immature storage technology and the need for base load security, U should have gone up, and it will at some stage, but current PDN shareholders won't see it.
    Plentiful medium term supply (something I was aware of), black swan events, bad management and individual company events have killed PDN and leave it with no ability to benefit from U recovery when it comes.
    Chinese are skilled, ruthless businessmen with some unfair advantages. Many who deal with them are naïve.
 
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