bigpappi, I heard the same arguments against FMG on hotcopper from many many posters not all that long ago when it was around $3 or less. They were wrong. Paladin has strategic assets just like FMG. Maybe PDN share price is going lower, maybe it's going higher. From a company stand point they are bringing costs down significantly and will inject dollars into their balance sheet with a partial sale of LH. I think I will believe the company in this instance thanks.
I'm sitting on a small/medium size loss at the moment, but just because you're losing money does not mean you should sell a company down the toilet. I've held shares in other companies from 30 and 40 cents only to watch them go to 6 cents, despite from a company point of view everything was getting better. you could barely give them away at that level. sure enough when the tide turned got them all out well above $1.
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$11.87 |
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Mkt cap ! $3.550B |
Open | High | Low | Value | Volume |
$11.83 | $11.92 | $11.72 | $21.23M | 1.792M |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 687 | $11.86 |
Sellers (Offers)
Price($) | Vol. | No. |
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$11.87 | 441 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 687 | 11.860 |
1 | 2446 | 11.850 |
1 | 50 | 11.840 |
1 | 1280 | 11.810 |
2 | 305 | 11.800 |
Price($) | Vol. | No. |
---|---|---|
11.900 | 10400 | 1 |
11.910 | 5000 | 1 |
11.920 | 2559 | 3 |
11.930 | 10400 | 2 |
11.960 | 11595 | 3 |
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