PDN 1.62% $11.55 paladin energy ltd

Yup. The economic macroes are terrible, the company fundamentals...

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  1. 3,495 Posts.
    Yup. The economic macroes are terrible, the company fundamentals are concerning to say the least, and the technicals can best be described as a highway to hell.

    But please be realistic. PDN is currently trading at 13c, just a tiny fraction above its instrinsic value.

    Is it undervalued? Overvalued? Valued about right? Who knows. It's all just opinion.

    My view, however, is that PDN is unlikely to become insolvent. Furthermore, it has great assets and if it can somehow weather the storm (without selling too many of the family jewels), POU will eventually recover, and when it does PDN will be a multi bigger for those with the patience and perseverance to ride this one out.
 
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