PDN 0.07% $13.99 paladin energy ltd

Ann: 30 June 2012 Annual Report , page-8

  1. 2,502 Posts.
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    Don't worry Tobtob. Canada was just correcting to match the ASX closing price. Forcing the price up there would've been tough against the backdrop of falls in the US at the time (S&P down 0.78%) anyway.

    I looked at the report in detail yesterday and am happy with it. The write down is old news and not a cash affecting event. And without it PDN have released their best results so far.

    If the shorters have the nerve to go near this now then I see it as a good time to top up. Once they sign off on the $200 million forward purchase for future sales (due in September) then any shorters exposed will get burned badly.

    Unless shorters can orchestrate a nuclear meltdown somewhere then PDN's price won't be below $2 for much longer guys.

 
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