This is spot ON analysis.
PDN was down extra 10% more than highest correlated stock CCJ.
+ There are timings!
Means by the time CCJ traded and closed our Saturday morning 8 am, there were more information or clarification available compare to when PDN closed at 4 pm on Friday. There are NO negative news than what was at 4 pm. But more clarify that reactor is perfectly safe.
With that timings, CCJ and other largest uranium stocks held up quite well.
I believe, we have at least 10% upside on Monday for PDN.
Europe's largest nuclear plant under attack, page-119
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Last
$9.79 |
Change
0.040(0.41%) |
Mkt cap ! $2.927B | |||
| Open | High | Low | Value | Volume |
| $9.90 | $9.96 | $9.77 | $22.83M | 2.323M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 22420 | $9.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.84 | 11020 | 3 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| PDN (ASX) Chart |