PDN 1.62% $11.55 paladin energy ltd

has it bottomed out?, page-81

  1. MrQ
    5,148 Posts.
    lightbulb Created with Sketch. 272
    Well we have reporting due out in the morning.

    All I can say is all those instos that came in at 70c PLUS all those analysts saying the price should be around $1.20 would be REALLY hoping that the news tomorrow has some wow factor attached to it.

    Otherwise, some large instos will be sitting at their 15% holding worth around 50% what they paid a few weeks ago, and analysts estimating a share worth which is now 25% of what they estimated.

    If that's the case, expect some fireworks as a few fairly big groups investigate what went wrong - what was it they missed in their valuations, was any info hidden, were PDN comments giving a much rosier position etc. I realise that the PDN position is that the paused asset sale and this CR are totally independent events - but these are all options to look into. The Singaporeans must be fuming.
 
watchlist Created with Sketch. Add PDN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.