PDI 7.55% 28.5¢ predictive discovery limited

Thanks for your response @Hinchinbrook - I do 'DYOR and DO it...

  1. 195 Posts.
    lightbulb Created with Sketch. 34
    Thanks for your response @Hinchinbrook - I do 'DYOR and DO it thoroughly' indeed, thanks, contrary to your 'opinion'.

    Yes, I do appreciate the fundamental aspects and did note the recent 'gold resource' and (apparently) 'very promising drill results' (at Bankan) recently announced on 13th December. The question I pose back to you - what was the market REACTION? Not even a whiff or a whimper - incredibly low volume reaction. You can see that in the chart below. As you state in your message to @SilverFox88, you use T/A with RSI. Please feel free to share your thoughts with the rest of the forum - FYI, you'll notice that the RSI dipped upon that announcement along with the share price closing below the declining 10 and 30 day moving averages. The following day also showed failure of an attempt to gain traction above those moving averages, with further decline in the RSI the following day. As you say, "It IS what it Is!".

    As for the gold price? Well, as previously noted and discussed, spot gold has been floating around above USD $2100/oz recently, then staying clearly above USD $2000/oz, but unfortunately PDI can't break through resistance levels and maintain traction. Apologies to the rest of the forum for repeating these details yet again. I wish all PDI holders all of the very best!

    https://hotcopper.com.au/data/attachments/5840/5840925-5f6f8f146876754432bdc9007fcd24a6.jpg

 
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Last
28.5¢
Change
0.020(7.55%)
Mkt cap ! $670.0M
Open High Low Value Volume
26.5¢ 28.5¢ 26.5¢ $574.2K 2.065M

Buyers (Bids)

No. Vol. Price($)
3 25259 28.0¢
 

Sellers (Offers)

Price($) Vol. No.
28.5¢ 285779 4
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Last trade - 16.10pm 26/09/2024 (20 minute delay) ?
PDI (ASX) Chart
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