Hi sirablo13 and all
There are many schools of thought that make up the way share markets work and price companies/shares. I never full believed this before but I believe it more strongly now. IMO Sentiment is the main driver of shares and markets, with FA coming a poor second and TA coming third.
As for the spot price that's a huge sentiment driver as well, ask yourself this. seeing a higher U spot price make you more or less happy owning or buying more pdn?. Even more so its very important from the point I and some believe, that it guilds the long term price indicator and therefore prices $$$ PDN are able to get down the road. A bigger spot over time will/should get us higher contract prices, and of course the opposite it true.
All in my honest opinion of course.
Cheers Mx.
Hi sirablo13 and allThere are many schools of thought that make...
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Last
$9.72 |
Change
0.090(0.93%) |
Mkt cap ! $2.907B | |||
| Open | High | Low | Value | Volume |
| $9.94 | $10.07 | $9.69 | $34.89M | 3.537M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3453 | $9.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.73 | 4814 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |