Now that the successful cap raising is out of the way, the future looks very bright for PDN in 2015 and beyond. All the time when there is a cap raising the price stays artificially low - geez 31 cents is extremely low given that uranium prices have skyrocketed in the last 2 months. I don't think anyone was predicting spot at even the current level of 38 by end of 2014 at the start of the year.
PDN is now very safe - further rises in uranium pricing in 2015 and beyond will be icing on the cake. We could see $1 by the end of 2015 - but I don't really care what it is by end of 2015 as I am only interested in what it will be at end of 2025.
PDN in 2015, page-89
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Last
$13.43 |
Change
-0.150(1.10%) |
Mkt cap ! $4.015B | |||
| Open | High | Low | Value | Volume |
| $13.55 | $13.56 | $13.17 | $20.07M | 1.505M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 74 | $13.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.44 | 9093 | 3 |
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| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |