GE are accumulating, for no other reason than to shore up a U miner for it's plan to compete with Areva like I said earlier. It's not an investment for direct financial reasons (i.e. sell shares when they rise), it's to get a stake in the company (and indirectly, DYL).
So IMHO it's to buy a boardroom seat and/or block others out; and for leverage for deals. If they want to compete with Areva, they have to get some U miners onboard with them. Looks like PDN is going to be one of them.
I attended a conference some weeks ago where Areva were talking about their Nuclear stations, and they made a very big deal of their ability to be a 'one stop shop' for Nuclear power - from yellowcake to building the station. This something unique to the nuclear industry - it's akin to BHP mining ore, making steel and being a construction giant too.
GE very much want to be like Areva - they have said that publicly.
- Forums
- ASX - By Stock
- PDN
- ge purchase
ge purchase, page-28
-
- There are more pages in this discussion • 6 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
$13.29 |
Change
0.135(1.03%) |
Mkt cap ! $3.931B |
Open | High | Low | Value | Volume |
$13.29 | $13.39 | $13.04 | $12.84M | 967.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 3590 | $13.28 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$13.29 | 2557 | 19 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 3575 | 13.280 |
17 | 8987 | 13.270 |
8 | 4849 | 13.260 |
9 | 2662 | 13.250 |
6 | 3338 | 13.240 |
Price($) | Vol. | No. |
---|---|---|
13.290 | 1991 | 13 |
13.300 | 13834 | 24 |
13.310 | 2975 | 12 |
13.320 | 2722 | 9 |
13.330 | 2689 | 10 |
Last trade - 12.59pm 04/07/2024 (20 minute delay) ? |
Featured News
PDN (ASX) Chart |