How the market reacts we'll see after the weekend. The good news is that its a smart move for Paladin. Just biding their time, saving $$$ and can bring back online when price of spot is much higher... all good. Thankfully they are considerate of the employees with generous packages which shows they are a considerate employer which is terrific.
Financially it is a further strengthening move so should push price higher but these are weird times so who knows. The long term fact will play out and the numbers will show in time this to be a smart decision, a prudent one.
Imagine some gains next week in a sensible market with an eye on the big picture !
Investing long term in this great decision making company.
My thoughts and opinions only.
How the market reacts we'll see after the weekend. The good news...
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 (20min delay)
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Last
$7.40 |
Change
-0.290(3.77%) |
Mkt cap ! $2.270B | |||
| Open | High | Low | Value | Volume |
| $7.72 | $7.80 | $7.35 | $18.24M | 2.408M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 9786 | $7.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.40 | 13046 | 11 |
View Market Depth
| Last trade - 12.40pm 19/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |