The result is disappointing from an Operational cash flow perspective -and this remains the biggest detractor on the stock at present.
A short term pull-back, especially given the strong run in 2012 to date is no real surprise, but this in my view presents a good opportunity to increase holdings.
Near term, if management can focus on a move to positive free cash-flow and something concrete can be delivered on the farm-out talks then this will solve many of the main concerns.
Longer term, a stabilisation and steady improvement in the uranium price and the quality of PDN's assets combined with the current low valuation should see a positive move in the share price.
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Last
$8.00 |
Change
0.180(2.30%) |
Mkt cap ! $3.192B | |||
| Open | High | Low | Value | Volume |
| $7.74 | $8.09 | $7.74 | $20.66M | 2.593M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10971 | $7.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.01 | 159 | 2 |
View Market Depth
| Last trade - 16.20pm 21/07/2025 (20 minute delay) ? |
| PDN (ASX) Chart |