PDY 0.00% 0.7¢ padbury mining limited

pdy weekly chart

  1. 128 Posts.
    Top 26/9/09 5.1c
    Lower Top 17/2/11 3.5c
    Lower top 8/7/11 2.3c
    Bottom 21/5/10 1.0c
    Lower bottom 2/12/11 .09c
    Previous bottom 5/12/08 .03c

    Can you see the trend?

    Lower tops and lower bottoms means going down.
    This is because of two reasons too many shares and the conversion of the options.

    If the drilling comes back negative or they need to raise more money I would expect the stock to be at 03c.

    Also this stock will never track with the index it is an exploration company.

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