Nice post Toll, thumbs down.
PDN is already a producer and will continue to produce. What a low uranium price means it that new entrants will not enter the market.
Also, the downtend in uranium price may turn very soon. Also, in case you hadn't noticed this stock has fallen around 60% in the past 2 and a half months and this is a huge fall that cannot be explained.
The market is nothing more than mind games and if you honestly believe that a more than halving in the share price is justified, just because they refused to sell assets at a cheap price is justified then I can't help you.
If they were really that deperate to sell, then they would have. But they didn't coz they are not that desperate.
I have fully explained the drop in share price yesterday and today and I have had enough of trying to get it through your heads, coz you seem convinced otherwise, but provide no reasoning.
$1 here we come.
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$9.44 |
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Mkt cap ! $2.847B |
Open | High | Low | Value | Volume |
$9.68 | $9.73 | $9.38 | $12.39M | 1.298M |
Buyers (Bids)
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---|---|---|
21 | 6265 | $9.43 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.44 | 1647 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 6208 | 9.430 |
12 | 9266 | 9.420 |
11 | 8066 | 9.410 |
16 | 8690 | 9.400 |
9 | 3999 | 9.390 |
Price($) | Vol. | No. |
---|---|---|
9.440 | 1706 | 14 |
9.450 | 5902 | 19 |
9.460 | 2963 | 8 |
9.470 | 5706 | 7 |
9.480 | 7722 | 7 |
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