GE are accumulating, for no other reason than to shore up a U miner for it's plan to compete with Areva like I said earlier. It's not an investment for direct financial reasons (i.e. sell shares when they rise), it's to get a stake in the company (and indirectly, DYL).
So IMHO it's to buy a boardroom seat and/or block others out; and for leverage for deals. If they want to compete with Areva, they have to get some U miners onboard with them. Looks like PDN is going to be one of them.
I attended a conference some weeks ago where Areva were talking about their Nuclear stations, and they made a very big deal of their ability to be a 'one stop shop' for Nuclear power - from yellowcake to building the station. This something unique to the nuclear industry - it's akin to BHP mining ore, making steel and being a construction giant too.
GE very much want to be like Areva - they have said that publicly.
- Forums
- ASX - By Stock
- ge purchase
GE are accumulating, for no other reason than to shore up a U...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PDN (ASX) to my watchlist
(20min delay)
|
|||||
Last
$13.21 |
Change
0.060(0.46%) |
Mkt cap ! $3.931B |
Open | High | Low | Value | Volume |
$13.29 | $13.35 | $13.16 | $3.921M | 296.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 3388 | $13.20 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$13.21 | 61 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 202 | 13.210 |
8 | 3765 | 13.200 |
8 | 2129 | 13.190 |
6 | 2041 | 13.180 |
6 | 2010 | 13.170 |
Price($) | Vol. | No. |
---|---|---|
13.220 | 623 | 5 |
13.230 | 893 | 6 |
13.240 | 3115 | 11 |
13.250 | 2174 | 8 |
13.260 | 2320 | 7 |
Last trade - 10.18am 04/07/2024 (20 minute delay) ? |
Featured News
PDN (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO & MD
Anthony Noble
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online