PDN fell for a number of reasons:
1) As Harajuku mentioned poor energy/mining results today across the board
2) Many people dont have the $$ to buy their .26c entiltlements so they will sell their stock to get this money
3) With a 2 for 1 CR this stock is going to be heavily diluted.
I dont think the price will drop to .26 cents, but I think it will get close.....
JIMO
PDN in 2015, page-2
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Last
$13.01 |
Change
0.620(5.00%) |
Mkt cap ! $3.899B | |||
| Open | High | Low | Value | Volume |
| $12.45 | $13.10 | $12.40 | $22.91M | 1.792M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 46 | 4353 | $13.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.01 | 7680 | 41 |
View Market Depth
| Last trade - 14.08pm 03/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |