"why did he choose PDI"
Five reasons imo:
1. Actually rates their gold projects highly
2. They are African focussed already which is where his focus in project acquisition is
3. The capital structure has not already been blown out of proportion
4. Market cap is low
5. They needed money now and given the apathy of existing shareholders they could not raise as much as needed unless they went this route (and therefore at attractive terms)
The first reason probably the most important...its basically a free kick.
Cdchi1
"why did he choose PDI"Five reasons imo:1. Actually rates their...
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $434.1M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.0¢ | 18.5¢ | $113.1K | 597.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 329999 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 10989 | 4 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| PDI (ASX) Chart |