I think people might be placing a bit too much importance on the QLD election in relation to Paladin's share price. Most politcal commentators and no doubt the share market factored in a LNP victory months ago. I think most of the buying recently has factored this in. It's classic buy the rumour type stuff. Although in this case I don't think many people will be selling at the fact because there is a lot more upside to come.
The next quarterly production report is massive for PDN and I suspect the momentum of late is leading up to that.
I think people might be placing a bit too much importance on the...
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Last
$13.99 |
Change
0.010(0.07%) |
Mkt cap ! $4.182B | |||
| Open | High | Low | Value | Volume |
| $13.78 | $14.02 | $13.62 | $27.61M | 1.999M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 198 | $13.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.00 | 5278 | 3 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |