Yes to be honest, I thought it would have gone above 70 cents today. The fact that it won't does indicate that the parasites are still around.
Looking at it logically, it got hammered from $1.10 down to 40cents all coz they didn't get the asset sale last year.
Now with a higher spot price, completed sale at around $A220M and refinancing of debt the market is saying it is in a weaker position. It is in a stronger, not weaker position obviously.
Makes absolutely no sense to me at all. It is a Strong Buy, if you can see through all of the crap.
Yes to be honest, I thought it would have gone above 70 cents...
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Last
$9.37 |
Change
-0.420(4.29%) |
Mkt cap ! $2.802B | |||
| Open | High | Low | Value | Volume |
| $9.68 | $9.73 | $9.33 | $25.98M | 2.746M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $9.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.37 | 7986 | 2 |
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| PDN (ASX) Chart |