Shaz. Not quite sure of your point. Also as West says, that's why stop/less is there.I have been in almost from day 1 so let me make a couple of points for newer holders. A ,it is not a tin can stock.
It is a success story that got hit by 1 black swan. Prior to GFC the company almost hit 11 dollars .You were sitting on a good return. Refer Westsurf.
Became very cheap like everything. I bought back not at the lows but between 1.80 and 2.40,
It climbed back to 5.60 plus when Fukushima struck. My stops got lost in the panic and finally got executed high 3,s. The rest is history. Point is even if you rode the GFC you had another chance to make money or limit loss.
Unfortunately bad investing , not a tin can stock. Due to share dilution we won't see those highs again but For the patient I expect multiples at these levels.
I bought PDN in 2006, page-6
Add PDN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.29 |
Change
-0.050(0.68%) |
Mkt cap ! $2.180B | |||
| Open | High | Low | Value | Volume |
| $7.45 | $7.47 | $7.14 | $32.63M | 4.489M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9130 | $7.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.30 | 7340 | 3 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |