Take it easy Elio.....I hope you are right but that is wishful thinking. As for management they have done a s**t job - taken SP down from mid 20's to 5's due to amateurish announcements that have now placed the company at the mercy of the market (thankfully U price starting to rise) and as a distressed seller (got some big debt and CB's to pay back soon). I hope they tender the remaining previously (non-binding) amount that was penned in for the Chinese as I believe this debt/CB is the real problem for PDN at the moment - either that or CR for existing shareholders at levels where we aren't giving it away.
The main thing holding this company back at the moment is debt/CB rather than U price. Pay the debt off and ride the market wave (as each commodity/metal has to) but have a bag of debt in a depressed market and we are back at low SP with dark clouds overhead.
Good luck to all but I would personally love to see a culling of management once this is sorted and bringing in top notch management team who have a decent track record and invested to maximise this stock and position it for the success we all know it could have.
PDN...Chart...., page-344
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Last
$13.58 |
Change
-0.220(1.59%) |
Mkt cap ! $4.060B |
Open | High | Low | Value | Volume |
$13.64 | $13.76 | $13.52 | $10.04M | 738.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 73 | $13.57 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$13.58 | 1322 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 73 | 13.570 |
1 | 31775 | 13.530 |
17 | 25345 | 13.500 |
2 | 1616 | 13.490 |
1 | 5654 | 13.480 |
Price($) | Vol. | No. |
---|---|---|
13.590 | 1101 | 1 |
13.610 | 5654 | 1 |
13.620 | 19587 | 3 |
13.630 | 9576 | 2 |
13.640 | 4535 | 2 |
Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
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PDN (ASX) Chart |