PDN 3.73% $10.00 paladin energy ltd

So shares on issue will be just over 2.5 billion. What's...

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    So shares on issue will be just over 2.5 billion. What's the exact number post the cap raising?

    So basically the market cap is now in US$ terms $770 million as a global tier 1 uranium producer.

    Can't see how that is overstretched given it hit US$5 billion market cap during the last uranium bull cycle and wasnt looking this lean and mean with the balance sheet with almost a billion dollars in debt last cycle.

    I think it needs to be kept in perspective, but I've seen crap uranium companies with no real business leadership or prospects for positive cashflow in the last cycle capped more than that in the right conditions.

    DYOR
    Last edited by Dazza00: 22/03/21
 
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