NS
I know you are enthusiastic with PDN SP recovery and so am I , however to not worry about the spot price which essentially dermines whether the company makes money, breaks even or loses money is not wise.
I try and stay fluid - the SP uplift was off the back of a quarterly which said they would Break even for the year and be cash flow positive on current SPOT and FX.
PDN share price is where it is because they have lost money for a number of years and have sold assets and issued shares to stay afloat , so you may not worry , but I certainly do. It's not a game changer for me yet but spot price of sub 36 doesn't make me confertabme either .
I try to be objective and not cloud what I want from what is !
PDN to break through 25c today, page-33
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Last
$10.52 |
Change
0.380(3.75%) |
Mkt cap ! $3.145B | |||
| Open | High | Low | Value | Volume |
| $10.43 | $10.60 | $10.31 | $22.00M | 2.093M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 39693 | $10.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.54 | 1500 | 1 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| PDN (ASX) Chart |