If the U price decreases by another 50%, which I believe it will within 2 -3 years, PDN's balance sheet may make sure their business plan will be in shreds - already is.
It could drop by another 75% or worse.
I don't believe PDN is investment quality - it's a boom/bust dinosaur along with all U hopefuls (including Cameco) - enjoy the trade.
Anyone Buying At 24.5c?, page-20
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Last
$9.84 |
Change
0.870(9.70%) |
Mkt cap ! $2.905B | |||
| Open | High | Low | Value | Volume |
| $9.80 | $9.98 | $9.66 | $31.95M | 3.267M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 22564 | $10.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.86 | 473 | 1 |
View Market Depth
| Last trade - 15.59pm 12/09/2024 (20 minute delay) ? |
| PDN (ASX) Chart |