Take it easy Elio.....I hope you are right but that is wishful thinking. As for management they have done a s**t job - taken SP down from mid 20's to 5's due to amateurish announcements that have now placed the company at the mercy of the market (thankfully U price starting to rise) and as a distressed seller (got some big debt and CB's to pay back soon). I hope they tender the remaining previously (non-binding) amount that was penned in for the Chinese as I believe this debt/CB is the real problem for PDN at the moment - either that or CR for existing shareholders at levels where we aren't giving it away.
The main thing holding this company back at the moment is debt/CB rather than U price. Pay the debt off and ride the market wave (as each commodity/metal has to) but have a bag of debt in a depressed market and we are back at low SP with dark clouds overhead.
Good luck to all but I would personally love to see a culling of management once this is sorted and bringing in top notch management team who have a decent track record and invested to maximise this stock and position it for the success we all know it could have.
PDN...Chart...., page-344
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Last
$10.06 |
Change
-0.030(0.30%) |
Mkt cap ! $3.007B |
Open | High | Low | Value | Volume |
$10.27 | $10.30 | $9.99 | $14.64M | 1.448M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2268 | $10.01 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.06 | 9758 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2268 | 10.010 |
1 | 20174 | 10.000 |
1 | 4364 | 9.990 |
1 | 3933 | 9.980 |
1 | 6348 | 9.970 |
Price($) | Vol. | No. |
---|---|---|
10.060 | 9758 | 4 |
10.100 | 2568 | 3 |
10.110 | 26522 | 2 |
10.120 | 4364 | 1 |
10.130 | 10281 | 2 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
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PDN (ASX) Chart |