Isatas - by definition if PDN went 23c to 42c and uranium spot went $28 to $45, then PDN outperformed on a % basis.
though havign said that Im only saying pdn bottom was 23c is out of memory - pretty sure i recall seeing it at that level. certainly I saw it hit 27c.
i never said it should be an equal relationship. stocks are typically logarithmic in relationship to commodity price.
the fact pdn;s % gain is almost identical to commodicty is just chance.
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 (20min delay)
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Last
$7.29 |
Change
0.990(15.7%) |
Mkt cap ! $2.882B | |||
| Open | High | Low | Value | Volume |
| $6.82 | $7.38 | $6.81 | $53.67M | 7.502M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 9048 | $7.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.29 | 3572 | 12 |
View Market Depth
| Last trade - 14.41pm 16/06/2025 (20 minute delay) ? |
| PDN (ASX) Chart |