this stock is a basket case, just stop and consider the facts::
- a $30m capital raising now and likely more dilution for shareholders likely to come
- an unproven management team when it comes to uranium mine development, that decreases the value of PDNs 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 around $100M
- further massive dilution almost a certainty the longer it takes for uranium prices to recover
whilst the uranium price continues to languish PDN will drift lower and lower and lower and lower
its a falling knife ....
Ann: Trading Halt, page-17
-
- There are more pages in this discussion • 47 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PDN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$10.76 |
Change
-0.120(1.10%) |
Mkt cap ! $3.217B | |||
| Open | High | Low | Value | Volume |
| $10.80 | $11.00 | $10.74 | $31.07M | 2.868M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 930 | $10.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.85 | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
| PDN (ASX) Chart |