After anti-nuclear demonstrations in May, Switzerland decided to shelve plans to continue nuclear energy.
Switzerland's five existing reactors will remain in operation until the end of their lifespan with the last one being decommissioned in 2034. Nuclear energy provides about 40% of Switzerland's current energy, which Switzerland states will be met by increased renewable energy.
Forget about P/E ratios etc. The share price for uranium stocks wil be driven by an irrational fear of nuclear energy for sometime. I expect to see substantial downside movement for PDN..
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Last
$12.65 |
Change
-0.210(1.63%) |
Mkt cap ! $3.782B | |||
| Open | High | Low | Value | Volume |
| $12.60 | $12.80 | $12.56 | $23.49M | 1.849M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4500 | $12.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.66 | 3571 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |