PDN 4.29% $9.37 paladin energy ltd

langer heinrich mine, page-3

  1. 5,000 Posts.
    lightbulb Created with Sketch. 132
    great article...

    "Paladin Energy (PALAF.PK) is in the same pickle with one important difference: they have some time to strengthen the piggy bank. With the recent death of a minority interest sale in their Langer Heinrich mine and subsequent completion of an $80 million equity placement, the immediate cash urgency has subsided. Investors were not too thrilled with this dilution, driving the share price down about 24% to $.59, a penny off its 52 week low. I doubt Warren Buffett is having a look at Paladin right now, but for those investors who are willing to take on substantial risk with the potential for a fat payoff, Paladin is certainly worth considering."
 
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$9.37
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1 500 $9.33
 

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$9.37 7986 2
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