Ann: Ceasing to be a substantial holder , page-9

You're missing the point. UBS don't give a rat's a*** about the uranium market, the prospects of the company, or anything like that.

They simply trade in and out, long and short, to suck money out of it. They've been doing it for years. Changes to the sentiment around a company or a sector makes no difference to them at all. As long as they can wiggle the price by a few cents either way, that's what they do.

UBS selling has NOTHING - zero, zip, zilch - to do with the fundamentals of Paladin. They are just parasitic opportunistic traders. And as I said, Paladin would be better off if UBS and others like them simply got out of the share register completely and left PDN to its own fortunes based on the fundamentals.