That's what I love about hot copper. Investors/Punters pulling out articles suiting their own positions and having a go at others. Fact is, it is a 'market' where you need buyers and sellers.
Markie, I have a feeling you have misread this one in the short term. i could be wrong, however, depending upon how next week plays out, i expect to go long. I think you are too caught up in the entitlement, however, even if there is excess stock, JPM are underwriting and will easily place it with institutions if need be. The price is very attractive and one of the major question marks on PDN was the Nov debt, which is no longer a problem. I think the share price of PDN will be a lot higher over next 3-6 months. I'm just too greedy trying to get a low buy-in.
Historic Turnaround in Uranium Prices and Equities in the Making, page-10
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Last
$11.92 |
Change
0.470(4.10%) |
Mkt cap ! $3.532B | |||
| Open | High | Low | Value | Volume |
| $11.54 | $11.94 | $11.27 | $22.29M | 1.915M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 2821 | $11.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.92 | 407 | 6 |
View Market Depth
| Last trade - 14.44pm 27/09/2024 (20 minute delay) ? |
| PDN (ASX) Chart |