source: ABN AMRO this morning, DYOR pls, thx.
Paladin Resources – Leverage to uranium
2008 was a weak year for the uranium price and uranium stocks, however the uranium price has begum to
recover and may prove to be a good place to invest in 09. PDN was an underperformer in 2008 compared to
rival ERA due to its greater uranium price leverage. We believe PDN offers a higher-risk, but potentially higherreturning
play on uranium than ERA in 2009. Development risks need to be overcome, but in six months PDN
could have Kayelekera online and Langer Heinrich running at the expanded Stage 2 capacity. Technically the
stock is displaying a bottoming pattern.
abn amro this morning
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Last
$12.94 |
Change
-0.070(0.54%) |
Mkt cap ! $3.868B | |||
| Open | High | Low | Value | Volume |
| $13.00 | $13.10 | $12.83 | $24.13M | 1.865M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1895 | $12.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.95 | 1970 | 2 |
View Market Depth
| Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |