UBS are a bunch of dirty dogs.
2 days ago, this was their recommendation...
UBS 20-Aug-13
UBS has downgraded its rating of Paladin Energy to Neutral from Buy to account for the dilution of the share price arising from its announcement to raise 15% of its capital in an issuance.
The brokers full valuation of Paladin drops 10% to $2 per share.
The broker has slashed its price target to 70c from $1.20 - a 30% discount to net present value - believing a rise in uranium demand will be needed before the company stages a turnaround.
Downgrade to Neutral from Buy
At least I got to pick up some at 59c.
Ann: Becoming a substantial holder , page-8
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Last
$7.29 |
Change
-0.050(0.68%) |
Mkt cap ! $2.180B | |||
| Open | High | Low | Value | Volume |
| $7.45 | $7.47 | $7.14 | $32.63M | 4.489M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9130 | $7.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.30 | 7340 | 3 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |