My speculation dollar is often directed at a down trodden sectors and or stressed company at the bottom of the tide. Based mostly on a U price recovery by now, I speculated/invested and will lose 5% of my portfolio on U if PDN doesn't trade again.
Given climate change & coal on a long death march, immature storage technology and the need for base load security, U should have gone up, and it will at some stage, but current PDN shareholders won't see it.
Plentiful medium term supply (something I was aware of), black swan events, bad management and individual company events have killed PDN and leave it with no ability to benefit from U recovery when it comes.
Chinese are skilled, ruthless businessmen with some unfair advantages. Many who deal with them are naïve.
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Last
$11.98 |
Change
0.145(1.23%) |
Mkt cap ! $3.589B |
Open | High | Low | Value | Volume |
$11.92 | $12.07 | $11.89 | $5.322M | 444.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 6973 | $11.97 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$11.98 | 3604 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 1384 | 11.970 |
11 | 4998 | 11.960 |
12 | 9922 | 11.950 |
6 | 2899 | 11.940 |
7 | 3006 | 11.930 |
Price($) | Vol. | No. |
---|---|---|
11.980 | 3620 | 22 |
11.990 | 6418 | 13 |
12.000 | 12743 | 20 |
12.010 | 57573 | 11 |
12.020 | 11579 | 6 |
Last trade - 11.00am 03/10/2024 (20 minute delay) ? |
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PDN (ASX) Chart |