"Just today, Paladin announced a half year $120m loss and stated that the loss was due to Fukushima"
binbin,
Just like to clarify. This was due to a writedown of the *book value* of an asset as a result of fukushima impacts. The actual operating profits of the company rose, as did production rates, as did sales. This writedown is a hangover from early in the 6 month accounting period. And yes a direct result of fukushima but the financial effect of it on PDN's fundamentals are well and truly past.
PEN Price at posting:
6.3¢ Sentiment: LT Buy Disclosure: Held
