Yeh I know right?
I've listed to Molyneux' presentation and Q&A, read all of the recent media articles, and posts on hotcopper (including from the trolls, nutters and downrampers) and I honestly can't see why PDN is not a certainty to bounce back into the low to mid 20s (at least) by EOY.
And yet the shorts continue to pile on.
I suppose its possible 'insiders' know something I don't (the 'unknown unknown' as Rummy described it), but actually think it's far more likely the shorts see themselves as having a free pass until beginning of Q4 (earliest point at which CNCC approval will be received) and are simply making hay while they can
Ann: June 2016 Full Year Conference Call Presentation-PDN.AX, page-58
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Last
$13.24 |
Change
-0.230(1.71%) |
Mkt cap ! $3.951B | |||
| Open | High | Low | Value | Volume |
| $13.66 | $13.70 | $13.24 | $115.9M | 8.727M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 60263 | $13.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.29 | 42663 | 1 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| PDN (ASX) Chart |