debt worries.
I knew it!!!
And all you blokes could do is give me three thumbs up for this post
You probably thought I was downramping
went through the same thing with OZL
Am in the process of getting money after winning a court case
One for sure, that fall of 15% means there has been insider trading.
the sellers all new that there was going to be capital raising
Anyway, what can we do? we just have to look ahead.
Hopefully, $70m will be enough to keep the wolves at bay and the company afloat.
Otherwise we could be looking at a company trying get funds in a credit squeeze, getting partners to buy assets, selling assets for a song and ultimately a share price of a couple of cents.
the thing with Oz minerals was that that idiot Michelmore didn't move fast enough and raise funds and as a result shareholders got murdered.
also the cost of digging up zinc and copper was more than the spot price. at least with PDN the company can sell its uranium at a profit
Lets hope $70m is enough to get us through this
If greece goes under the consequences are going to be much worse than when Lehman brothers went under.
Six weeks and we will know where we stand.
another new low, page-59
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Last
$11.07 |
Change
-0.110(0.98%) |
Mkt cap ! $3.309B | |||
| Open | High | Low | Value | Volume |
| $10.96 | $11.22 | $10.91 | $28.86M | 2.617M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5433 | $11.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.09 | 7213 | 1 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |