Waiting for 10 cents or below to add to my position here
I now believe there could well be lower prices for PDN headed our way
analyse the current situation: -
an unproven management team when it comes to uranium mine development - that decreases the value of our undeveloped uranium assets
debt of $125M which PDN has no way of servicing at current U308 prices
cost to restart Langer Henrich uranium mine estimated at $100M - so further massive dilution is almost a certainty imo. (To be able to borrow this $100M the U308 price needs to go much higher).
the longer it takes the uranium price to recover, I can see PDN drifting much lower and below 10 cents
also the chart indicates to me some distribution has been occurring with prices heading lower on higher volume
am in no rush to buy any more at these prices
- Forums
- ASX - By Stock
- PDN
- Waiting for 10 cents to buy more
Waiting for 10 cents to buy more
-
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PDN (ASX) to my watchlist
(20min delay)
|
|||||
Last
$11.83 |
Change
0.060(0.51%) |
Mkt cap ! $3.538B |
Open | High | Low | Value | Volume |
$12.00 | $12.32 | $11.66 | $46.16M | 3.848M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 436 | $11.81 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$11.85 | 15265 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 36850 | 11.800 |
2 | 11323 | 11.790 |
1 | 11323 | 11.760 |
2 | 1625 | 11.750 |
1 | 256 | 11.700 |
Price($) | Vol. | No. |
---|---|---|
11.850 | 15265 | 1 |
11.930 | 4201 | 1 |
11.990 | 1280 | 1 |
12.000 | 100 | 1 |
12.010 | 1817 | 2 |
Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
Featured News
PDN (ASX) Chart |