Even the market analyst that a holder pointed to states the following.........
" I really like the name Paladin but the company not as much. For Paladin, debt seems to be a real killer."
I'd say that sums it up, plus the point that as the article states, they were saying the market was near the bottom in 2013. Here we are 3 years later and uranium is still going down in price.
I actually like Specugold's approach, if buying at these levels, be prepared to lose the lot, but there is a slight chance of it being a multibagger.
That is totally different to those with large losses averaging down.
PDN...Chart...., page-156
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Last
$11.87 |
Change
0.020(0.17%) |
Mkt cap ! $3.550B | |||
| Open | High | Low | Value | Volume |
| $11.83 | $11.92 | $11.72 | $21.23M | 1.792M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 687 | $11.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.87 | 441 | 1 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| PDN (ASX) Chart |