Paladin tried to ramp it back up after the the Qld ban was removed. The necessary volume required to destroy that one week rally came. Even though volume appears thin (most likely AREVA selling to itself between two different brokers), rest assured AREVA can find the resources necessary to keep this asset heading for the doldrums.
The are two ways Paladin can stop this manipulation and terminal decline:
1. Make a script bid for all remaining stock.
2. Signal intent to sell 82% stake.
the summit resources hangover, page-12
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Last
$9.68 |
Change
-0.040(0.41%) |
Mkt cap ! $2.895B | |||
| Open | High | Low | Value | Volume |
| $9.65 | $9.85 | $9.56 | $24.36M | 2.514M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8168 | $9.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.70 | 1033 | 1 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |