PDN 0.25% $11.78 paladin energy ltd

wonder why the sell-off?

  1. 5,801 Posts.
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    Nothing has changed, except the focus has shifted to MTN I guess. But nearly 3.8 million shares traded today for a price drop of 15 cents. That makes for an ugly-looking candle on the chart!

    Any clues as to the reason behind the sell-down? Seems more than just a healthy retracement to me - wonder if somebody knows something? Weren't there some rumours being pushed earlier today about Namibia changing its mind re the mining licence, or am I imagining that? I can't see that happening unless some drastic event has occurred - like somebody not happy with the amount of payola they got.... Nah - wouldn't happen, would it? ;)

    Any clues?

 
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