This stock was controlled by a CEO who was a master in what is know as the Pump and Dump. For those unfamiliar with this concept, read this in the news today about Macquarie Bank in court accused of it. “
Macquarie Bank accused of manipulating stock prices, 'cowboy' behaviour”
http://www.abc.net.au/news/2018-02-...ed-of-pump-and-dump,-cowboy-behaviour/9474696
This is exactly what happened to PDN, pump to the hilt right before trading halt and VA, then dumped like a tsunami from hell. As long as the cowboys are in any position of power elsewhere I would stand well clear. AGY will be next IMO.
PDN back and tightly held $81 million market cap, page-49
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Last
$11.74 |
Change
0.290(2.53%) |
Mkt cap ! $3.511B | |||
| Open | High | Low | Value | Volume |
| $11.54 | $11.96 | $11.27 | $34.85M | 2.980M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 39237 | $11.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.75 | 307 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| PDN (ASX) Chart |