Sentiment is huge and can add 200%+ to a share price with ease, look at the Bio tech sector.
Most are now saying we have hit the bottom, or at least very near bottom of the Uranium Spot Price so that means the price of Uranium will hover around these levels for a while or go up.
The market always looks ahead and can see that the potential reward out ways any risk.
If spot price go's up (even a little) while sentiment is changing from a all time low then I can see PDN exploding, so hold onto these shares, don't let the shorters have them and reap the rewards that I believe are to come.
spot price still in the doldrums, page-3
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Last
$12.90 |
Change
-0.530(3.95%) |
Mkt cap ! $4.015B | |||
| Open | High | Low | Value | Volume |
| $13.18 | $13.20 | $12.82 | $6.886M | 528.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1973 | $12.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.90 | 1186 | 9 |
View Market Depth
| Last trade - 10.38am 18/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |