What cashflow though, they still don't make any money. Getting a bit ahead of themselves is my concern.
The cynic in me says they are buying other assets because they don't think they will be able to do enough with what they have.
Whitehaven bought Met coal assets after gernerating $3bil in cash, proved they could make money and spend it to grow. PDN haven't proved cow turd, so they are using scrip to grow. Absolutely ludicrous.
What cashflow though, they still don't make any money. Getting a...
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Last
$11.84 |
Change
-0.010(0.08%) |
Mkt cap ! $3.559B | |||
| Open | High | Low | Value | Volume |
| $11.83 | $11.92 | $11.72 | $8.082M | 682.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 2929 | $11.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.85 | 3112 | 16 |
View Market Depth
| Last trade - 13.36pm 11/10/2024 (20 minute delay) ? |
| PDN (ASX) Chart |