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$17.61 paladin energy ltd

Ann: Consolidation/Split - PDN, page-34

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Reaper11

20,213 Posts.

62

11/04/24

13:13

Post #: 73295918
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Originally posted by mmac22: ↑

Very light volumes as the market adjusts. Don't look at share price too much over next few days. Once this sorts itself out we will start trading higher. Main reason was that when US institutional investors were looking at the stock at $1.50 it gave the perception the company was a small penny mining stock and it put them off. Even though PDN has a very solid market cap. This will help change that perception and hopefully draw more international institutional investors into the stock which is very important for this size company to keep their market value moving up. A great run over past 6 months and the fundamentals are further strengthening so I expect another leg up towards $16.50 ($1.65) soon.

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. Are institutional investors really that lazy and incompetent that they look at share price rather than market cap?

. Reaper

PDN Price at posting: $1.53 Sentiment: None Disclosure: Held
8 Upvote

0 Great analysis

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(20min delay)
Last $17.61		Change -0.190(1.07%)		Mkt cap ! $5.303B

Open	High	Low	Value	Volume
$17.73	$17.98	$17.51	$9.041M	510.4K

Buyers (Bids)

No.	Vol.	Price($)
15	1509	$17.59

Sellers (Offers)

Price($)	Vol.	No.
$17.62	3851	10

View Market Depth

No.	Vol.	Price($)
6	1627	17.570
3	906	17.560
3	368	17.550
3	1794	17.540
3	395	17.530

Price($)	Vol.	No.
17.580	2639	9
17.590	3780	9
17.600	4016	11
17.610	1375	6
17.620	1431	4

Last trade - 12.03pm 22/05/2024 (20 minute delay)


Last $17.60			Change -0.190 ( 1.13 %)
Open	High		Low	Volume
$17.77	$17.98		$17.52	65397
Last updated 12.25pm 22/05/2024 ?

PDN (ASX) Chart

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