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$11.63 paladin energy ltd

Yes a total panicked over reaction.

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Goldfarm

4,634 Posts.

293

10/02/24

16:02

Post #: 72339941
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Originally posted by anthonyzya: ↑

It appears that the Australian Investor is on an absolute hair trigger of fear as was borne out by the reaction of Uranium stocks last Friday
Clearly ---if they bothered to read the Cameco Announcement ---Cameco is spending huge amounts of money in the current year (on the spot market) to cover shortfalls in production as customers are buying (under their supply contracts) at appr US$57 / lb. fixed portions of contracts.
The people who wrote these contracts for Cameco must be squirming in their seats as the new uranium Paradyme becomes evident.
Fear in the Australian markets is becoming more apparent as the Albanese Government is doing its best to force resource companies offshore with the introduction of substantial minimum wage increases, Threat's of Capital Gains tax increases, stupid criminal and other threats against employers contacting workers outside of agreement work hours, Insane environmental and Native Title legislation and ignoring Federal Referendum's on WOKE insanity.
The Uranium stocks in general will recover much of Friday's losses on Monday.
No thanks to the Albanese Government All i.M.H.O. only

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Yes a total panicked over reaction.

PDN Price at posting: $1.33 Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last $11.63		Change 0.175(1.53%)		Mkt cap ! $3.397B

Open	High	Low	Value	Volume
$11.54	$11.65	$11.27	$9.958M	868.2K

Buyers (Bids)

No.	Vol.	Price($)
3	255	$11.62

Sellers (Offers)

Price($)	Vol.	No.
$11.63	11576	10

View Market Depth

No.	Vol.	Price($)
3	979	11.610
10	3279	11.600
11	4830	11.590
10	5949	11.580
8	2677	11.570

Price($)	Vol.	No.
11.620	215	2
11.630	3602	11
11.640	6542	13
11.650	3774	12
11.660	3327	8

Last trade - 11.30am 27/09/2024 (20 minute delay)

PDN (ASX) Chart