riskup thats nonsense. i enjoyed my ride up from 30.5c - clealry being pushed down by haters at that point.
but on my calcs the stock is worth about 40c unless the contract price gets up to $US50/lb. a cent or 2 either side of 40c/share to me is just signal noise
nothing wrong with people gambling the spot will go higher again - but selling at these levels had less to do with shorterts and more to do with a rational balance between things as they are and things as we would like them to be.
dont forget pdn currently has $200m cash, loses about $70m a year in cash burn and has a $300m CB to renegotiate in 12 months. So its effectively negative $170m cash position and wont start making money until cotnracts are above $50/lb as i understand it./
personally i think pdn will push on.
but only a madman would think buying it at 42c/share today is buying it cheap on a fundamental basis.
it may end up being cheap if uranium price continues its run - but thats speculation, not investment
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riskup thats nonsense. i enjoyed my ride up from 30.5c - clealry...
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Last
$10.40 |
Change
-1.260(10.8%) |
Mkt cap ! $3.109B |
Open | High | Low | Value | Volume |
$10.77 | $10.77 | $10.15 | $58.97M | 5.696M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | $10.37 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.40 | 2536 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 10.370 |
2 | 426 | 10.350 |
2 | 9903 | 10.330 |
1 | 1500 | 10.320 |
5 | 2857 | 10.300 |
Price($) | Vol. | No. |
---|---|---|
10.400 | 2536 | 2 |
10.420 | 300 | 1 |
10.430 | 23062 | 1 |
10.440 | 1992 | 1 |
10.500 | 7350 | 3 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
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