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
$13.17 |
Change
0.020(0.15%) |
Mkt cap ! $3.937B | |||
| Open | High | Low | Value | Volume |
| $13.29 | $13.39 | $13.04 | $23.61M | 1.782M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7662 | $13.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.18 | 22798 | 2 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |