Judging from the volumes, the price rise looks more like short covering than takeover speculation, akq. If Cameco didn't make a bid when PDN was around $4, why would they now? Either they're not interested, or they believe PDN will go even lower than $4.
Judging from the volumes, the price rise looks more like short...
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Last
$10.10 |
Change
-0.140(1.37%) |
Mkt cap ! $3.019B | |||
| Open | High | Low | Value | Volume |
| $9.98 | $10.10 | $9.97 | $18.94M | 1.885M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 991 | $10.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.11 | 10315 | 2 |
View Market Depth
| Last trade - 16.10pm 21/08/2024 (20 minute delay) ? |
| PDN (ASX) Chart |