Great for all long term PDN Holders - Stevn Hing from Novus Capital has initiated a "buy" recommendation (see below):
NOVUS CAPITAL
BUY RECOMMENDATIONS
Paladin Energy (PDN)
A uranium miner that appears to be consolidating in a price band between $2.80 and $3.20. A break to the upside should give the stock significant momentum towards the $3.80 to $4 level. Fundamentally, I believe demand for uranium will increase, with the world looking for “cleaner” energy and moving away from coal fired power generation. Although solar and wind energy are perhaps a more environmentally acceptable alternative, I suspect it will be faster to bring nuclear plants online. Paladin looks well placed in terms of stock price and potential.
See full article
http://www.compareshares.com.au/black57.php
Great for all long term PDN Holders - Stevn Hing from Novus...
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Last
$13.01 |
Change
-0.160(1.21%) |
Mkt cap ! $3.889B | |||
| Open | High | Low | Value | Volume |
| $13.10 | $13.15 | $12.94 | $22.67M | 1.736M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2527 | $13.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.02 | 2319 | 2 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |