I cannot match the Frogtrader comment to any historical supporting facts.
On 12 April 2005, when the stock was around a dollar, Paladin announced to the market that Pretorius resigned.
After LP departed PDN did grow to about $10, but under different leadership.
But then the company continued through a period of instability and sustained share price decline, with the share price collapsing never to recover in 2013 and was finally put into administration on 3 July 2017. The historical chart at ASX looks to my eyes identical to what has happened with GCM since LP took it over.
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.466M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 11135985 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 2423359 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 11135985 | 0.002 |
14 | 23815107 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 2423359 | 2 |
0.004 | 19141440 | 13 |
0.005 | 5886981 | 5 |
0.006 | 1966146 | 10 |
0.007 | 855098 | 3 |
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