The one I find puzzling is ERA (yes, I kknow this is the PDN thread, but it's relevant).
ERA have closed the mine for 12 weeks due to flooding, which happens on a regular basis. They are a single-mine outfit. They have no other global footprint. Yet after the sell-off a few days ago, when they announced the mine's flood closure, the price has gone up, while PDN's has remained sideways in a range.
Yet PDN have a much bigger global footprint, they have two mines already, they have NUMEROUS exploration projects worldwide, they own all or most of several other companies, they have joint ventures with companies like Cameco - what's not to like? From a long term point of view?
Yet ERA, a one-trick pony with problems, and a limited minelife, is going up....
Go figure..!
markets follow nonfairytale u which $ 69.77, page-4
-
- There are more pages in this discussion • 3 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
$12.42 |
Change
0.020(0.16%) |
Mkt cap ! $3.707B | |||
| Open | High | Low | Value | Volume |
| $12.39 | $12.63 | $12.26 | $48.32M | 3.886M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7610 | $12.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.43 | 1612 | 1 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| PDN (ASX) Chart |