PDN 0.68% $7.29 paladin energy ltd

smashed again

  1. 5,802 Posts.
    lightbulb Created with Sketch. 97
    Can this company do anything right? Are they capable of EVER making any money?

    They were smashed again in Canada overnight, and now they're down 5.5% here already again this morning. The chart looks disastrous.

    The Financial report shows once again a loss, and while it is yet again due to an "impairment write down", it is still a loss, and market does not like that.

    They are desperately treading water, and don't seem to making any headway at all. Fukushima has really knocked the stuffing out of all the U stocks, but Paladin, as an actual producer, should still be doing well given the number of nuclear power plants that ARE operating around the world, as well as the number being built. Interestingly, Japan were not customers of Paladin...

    This would have to be the ultimate moral testing ground for long term holders who have believed in the potential of Paladin since the very early days. But they keep letting down the shareholders, over promising and under delivering.

    And of course the actions of the instos like UBS and others just make things worse, while lining their own pockets along the way. Yet more argument that shorting should be banned.

    Not happy Jan....!


 
watchlist Created with Sketch. Add PDN (ASX) to my watchlist
(20min delay)
Last
$7.29
Change
-0.050(0.68%)
Mkt cap ! $2.180B
Open High Low Value Volume
$7.45 $7.47 $7.14 $32.63M 4.489M

Buyers (Bids)

No. Vol. Price($)
1 9130 $7.27
 

Sellers (Offers)

Price($) Vol. No.
$7.30 7340 3
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
PDN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.