PDN 3.04% $12.10 paladin energy ltd

Small trades and low volume, page-40

  1. 652 Posts.
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    I am not a trader, I have a long term view and like to buy and hold shares.

    Having a long term view doesn't mean holding onto a particular company just because it once had prospects, and then watch your money go down the drain. Having a long term view gives you time to evaluate the situation and as things change your holding can change as well.. ie if the price goes up significantly in a short period of time you can sell some off. Then when the price comes back and if the fundamentals are still there then you can pick some up.

    PDN has been a debt ridden nightmare for a couple of years now. You have had time to evaluate the situation and lighten your load. Then if things changed for PDN you would have been able to pick up more than your original holding at a significant discount.

    Cobb and Co was once one of the best companies around with their stage coaches. But things changed and they went out of business. Same with PDN,, things changed,, the U price went down, debt went up and they are about to go out of business.
 
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Last
$12.10
Change
-0.380(3.04%)
Mkt cap ! $3.614B
Open High Low Value Volume
$12.12 $12.14 $11.99 $6.000M 496.4K

Buyers (Bids)

No. Vol. Price($)
9 1474 $12.08
 

Sellers (Offers)

Price($) Vol. No.
$12.10 1434 8
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Last trade - 10.54am 01/07/2024 (20 minute delay) ?
PDN (ASX) Chart
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