Paladin sided with the shorters

  1. 27 Posts.
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    Shorters have been building big positions in four ASX stocks. PDN,BOE,DYL,LOT.
    They have been rewarded with LOT - capital raise and now PDN with weak report.
    DYL will probably reward with another capital raise and BOE is a mystery but we will see if management will also reward them.
    These positions have been increasing every week since May.
    Pobably shorting local ASX companies and going long the likes of Cameco.
    They are laughing their way to the Bank.
    Management , knowing this, should have updated the market and limited their huge profits.
    Until they give up on these trades, these companies will struggle to gain significant ground.
    Management will have to take an active stand and promote some kind of short squeeze engaging local brokers.
    I know , it is silly, you cannot do that.. these guys are playing by the rules....
    We need something to happen or these companies' stock prices will be played with by these guys with very limited risk and huge profits.
 
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(20min delay)
Last
$7.74
Change
-0.020(0.26%)
Mkt cap ! $3.089B
Open High Low Value Volume
$7.76 $7.80 $7.59 $16.76M 2.176M

Buyers (Bids)

No. Vol. Price($)
1 11000 $7.73
 

Sellers (Offers)

Price($) Vol. No.
$7.75 20678 3
View Market Depth
Last trade - 16.11pm 12/09/2025 (20 minute delay) ?
PDN (ASX) Chart
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