For those unaware of Why !!!, there has been the recent heavy shorting of Paladin over the past 5 to 6 weeks, the main reasons are because of two unreported incidents that have occurred just recently.
Firstly being the Flooding of Heinrichs main Open Pit in late March, to which they have had to focus operations to their Secondary Back Up Pit. Secondly an incident of a Sulphuric Acid spill, these two events have sent a short term concern to some major Holders who in turn have sold down some holdings on Production concerns going forward.
But to the upside going forward, it seems Buyers have been slowly returning over the past few trading sessions, as I noticed some reasonably large purchases occur Today. Lets just hope there's better days ahead.
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Cheers to All PDN & DYL Holders from grant64 :)
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uranium oversold, page-9
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Last
$8.33 |
Change
-0.430(4.91%) |
Mkt cap ! $2.490B | |||
| Open | High | Low | Value | Volume |
| $8.61 | $8.68 | $8.28 | $23.77M | 2.809M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9135 | $8.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.36 | 2699 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| PDN (ASX) Chart |