This is just pure hype. They can't hit that MC based on fundamentals alone, they'd have to acquire some other junior miners to do so. At the peak of the last cycle, Paladin was a $4-5 billion AUD company. They've now got 75% of the Langer Heinrich asset, they had a hundred per cent previously. So we're talking about $3.3.75B when this bull market ends. And as the long term holders know, uranium is a game of patience.
PDN price predictions, page-79
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Last
$9.69 |
Change
-0.710(6.83%) |
Mkt cap ! $2.968B | |||
| Open | High | Low | Value | Volume |
| $9.92 | $10.06 | $9.66 | $19.65M | 1.997M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 4646 | $9.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.69 | 2408 | 9 |
View Market Depth
| Last trade - 13.42pm 05/08/2024 (20 minute delay) ? |
| PDN (ASX) Chart |