http://www.northernminer.com/news/scotiabank-looks-ahead-to-2015/1003378264/?&er=NA
Right down the end of the article. If average spot is $45 next year and with term contracts likely to then be above $50, PDN will be very profitable and there was no reason for this cap raising as I have said before.
Too late - they have raised the money now and kept the share price artificially depressed in the short term again as a result. It will be one hell of a banger when the market wakes up. This is why there will be no selling from me until well into the 2020's.
http://www.northernminer.com/news/scotiabank-looks-ahead-to-2015/...
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Last
$12.40 |
Change
-0.160(1.27%) |
Mkt cap ! $3.701B | |||
| Open | High | Low | Value | Volume |
| $12.50 | $12.54 | $12.15 | $33.45M | 2.706M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6658 | $12.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.40 | 290182 | 1 |
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| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| PDN (ASX) Chart |