PDN 6.15% $13.98 paladin energy ltd

http://www.bloombergview.com/articles/2014-02-27/china-must-end-i...

  1. 1,032 Posts.
    http://www.bloombergview.com/articles/2014-02-27/china-must-end-its-gdp-worship

    interesting article highlighting the fact that china is under pressure to continuously turn high GDP growth, >7%.

    The concern being raised is with their obligation to this cause and their high dependence on coal powered energy and where the balance will come.

    Considering the addiction to growth and the consequences such as 'civil unrest' thrown out by some you could assume they will not get off the 'GDP treadmill'.

    As we all know pollution is a major problem and will be at the forefront in allot of peoples minds so assuming they do not highlight the change in direction away from monster GDP growth they will need to hint on how they will stem pollution as growth from construction and the growing energy demand continues to destroy their major cities, effectively making them uninhabitable.

    I know to some this is obvious, but no bet is a sure bet.

    considering the recent news of possible restarts, what will this meeting hold in terms of news for the nuclear turn around? Considering how price acted before the last meeting aka dropping 10% in a day to catch stop and soak up shares before the inevitable news came will we see a similar game being played...?

    or is the gap from the other day the game changer and we will never see that price again below 50cents, or at least until another major disaster.

    also, http://aqicn.org/map/china/ for details on pollution levels in china and the world.... scroll to bottom of page for the index.

    today actually is a good day with only 6 cities in the 'very unhealthy' category.
 
watchlist Created with Sketch. Add PDN (ASX) to my watchlist
(20min delay)
Last
$13.98
Change
0.810(6.15%)
Mkt cap ! $4.179B
Open High Low Value Volume
$13.93 $14.28 $13.83 $47.88M 3.408M

Buyers (Bids)

No. Vol. Price($)
1 2000 $13.95
 

Sellers (Offers)

Price($) Vol. No.
$13.98 6031 2
View Market Depth
Last trade - 16.10pm 11/07/2024 (20 minute delay) ?
PDN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.