austephen, it appears you are ahead of me and have more insight. On 25/3 the overall level of shorts closed at 7.91% so as you have stated the shorts were indeed covering.
It has touched this level around 3 times in the last 4 months and always rebounded upwards. I hope this is the beginning of a sustained decrease.
Fundamentally I like PDN. People are valuing this as solely as a producer seeming to forget that it has more pounds in the ground that most other U companies.
austephen, it appears you are ahead of me and have more insight....
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Last
$12.48 |
Change
0.060(0.48%) |
Mkt cap ! $3.724B | |||
| Open | High | Low | Value | Volume |
| $12.45 | $12.76 | $12.26 | $26.57M | 2.124M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6286 | $12.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.48 | 5038 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PDN (ASX) Chart |