What PDN was is irrelevant . As correctly pointed out, every time there is a dilution, the ability of the SP to reach previous levels becomes much more difficult . A better measure is market cap as once you consider dilution you can see what SP the market cap will reach previous levels . For PDN to be 2 dollars ,both mines would need to be strongly cash flow positive which means a U price of around 70 IMO
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 (20min delay)
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Last
$7.32 |
Change
-0.850(10.4%) |
Mkt cap ! $2.953B | |||
| Open | High | Low | Value | Volume |
| $7.55 | $7.81 | $7.29 | $36.55M | 4.893M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 6536 | $7.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.33 | 5770 | 16 |
View Market Depth
| Last trade - 11.12am 23/07/2025 (20 minute delay) ? |
| PDN (ASX) Chart |