PDN share price prediction 24c October 2015., page-3

It's true that the share price is bearish right now but 24 cents would be an all time low and since fundamentals improved from November las year it hasn't ever looked like it would go back to the 20s. Exactly at today's close price there is support and I think it will go up tomorrow but even if it doesn't it won't see the 20s again. The share price doesn't need the actual price of uranium to rise it just needs conviction that it will in the future and China/ Japan and India drivers are looking positive in the medium term. Developments such as uranium sales to India will see the bulls return. Not saying it will but the share price can go ballistic in periodic though widely spaced rallies, it was $5 a share about 4 years ago and in the boom before that it was over $9 a share.