PDN's danger is the high volume in the last two days. A $5 bill cap would be a nightmare to hold up. Been a dead end stock so far this year on today's prices and has been a loss maker for the vast majority who bought any time this year. A few warning signs seem to be appearing IMO. As we know, the $7.45 is all so important.
Key words in the recent statement was "failure", "revised forecast", "slower than anticipated", "remains confident","essentially recitifed" & "deficit".
the short term danger could be, page-7
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Last
$9.63 |
Change
0.030(0.31%) |
Mkt cap ! $2.880B | |||
| Open | High | Low | Value | Volume |
| $9.87 | $9.94 | $9.49 | $24.84M | 2.584M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 38 | $9.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.64 | 11211 | 3 |
View Market Depth
| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |