This is great for Paladin. They are going to get rid of the 300m CN, the interest alone added about USD2.80/lb to AISC (based on Paladins 75% of output from LH). Further cost savings moving forward will reduce the C1 costs at LH by about another USD6.
Less and less reason to short Paladin once the CR and RI are finalised. The shorters will have a chance to buy off market during the institutional shortfall bookbuild or through underwriting the retail shortfall so they will probably keep shorting until then. However if they don't pick up the shares then they will have to buy on market. I hope there won't be any shortfall.
This is great for Paladin. They are going to get rid of the 300m...
-
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PDN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$12.48 |
Change
0.060(0.48%) |
Mkt cap ! $3.724B | |||
| Open | High | Low | Value | Volume |
| $12.45 | $12.76 | $12.26 | $26.57M | 2.124M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6286 | $12.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.48 | 5038 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PDN (ASX) Chart |