Unfolds is probably not the best choice of words.
Unravels would be better.
Not only has the debt problem caught up with them in a big way but the one thing that could have helped them to have some sort of existence post sale to CNNC was a reasonable valuation. But right in the middle of valuation process the Spot Price of U has fallen 20%.
IMO this is a huge blow to PDN's chance of coming out of the situation with a future. The valuation will be done on the current value, not some mythical future value.
The fall in the U price will be IMO the final nail in the coffin.
Spot Uranium Prices Take a Dive, page-5
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PDN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$12.49 |
Change
-0.540(4.14%) |
Mkt cap ! $3.735B | |||
| Open | High | Low | Value | Volume |
| $12.92 | $12.93 | $12.42 | $40.71M | 3.247M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15 | $12.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.50 | 1000 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| PDN (ASX) Chart |