Cost reductions and operational overheads now confirmed, cash flow neutral at depressed U price by EOY confirmed, Japan restarts within 2 weeks confirmed, company refinance all complete at significantly better terms confirmed, U price acutely depressed and unsustainable , no new supply forthcoming and at bottom of cycle confirmed.
Shorters have made hundreds of millions from this stock , they have dessimated the company and its investment shareholders. Should see a very powerful market reaction hopefully and positivity return over the remainder of year. Any uptick in U price will put PDN into profit..
Nearly 7 % of full float is short .... They will have to buy back at some stage , soon me thinks.
Close your Shorts.
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Last
$12.56 |
Change
-0.680(5.14%) |
Mkt cap ! $3.748B | |||
| Open | High | Low | Value | Volume |
| $12.52 | $12.71 | $12.09 | $73.41M | 5.877M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8050 | $12.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.58 | 5545 | 2 |
View Market Depth
| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| PDN (ASX) Chart |