Nah if the fundamental outlook changes there is nothing these traders can do. But we need facts - higher spot prices, new contracts at higher prices, actual Nuclear start-ups and new demand for Uranium (not that Japan will need any for quite some time with their 2-3 year stock piles). Traders can play games with it now because the future is uncertain. PDN has upside but also lots of risk so it would always be a seesaw situation until things are more certain. The seesaw is just exaggerated by traders. All U stocks (apart from those who's charts still look exciting) are down this week, not just - heavily traded - PDN.
Traders take advantage of the fundamental situation, but can only influence SP in the short term.
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newmount deal done - strong buy, page-13
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Last
$10.00 |
Change
0.360(3.73%) |
Mkt cap ! $2.989B |
Open | High | Low | Value | Volume |
$9.89 | $10.16 | $9.67 | $30.71M | 3.077M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 10066 | $9.98 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.03 | 1259 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 10066 | 9.980 |
1 | 99 | 9.970 |
1 | 23322 | 9.960 |
3 | 20064 | 9.950 |
1 | 10066 | 9.930 |
Price($) | Vol. | No. |
---|---|---|
10.040 | 510 | 1 |
10.050 | 7881 | 1 |
10.060 | 1822 | 1 |
10.090 | 2313 | 2 |
10.100 | 35645 | 4 |
Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
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PDN (ASX) Chart |