The equation between spot and share price has never been worse...

  1. 726 Posts.
    The equation between spot and share price has never been worse for PDN. Share = 42, Spot = 43.5

    PDN is still severely underperforming relative to spot. Even in the last 2 years it has always traded at a multiple to spot, 2 X, 3 X etc

    This clearly indicates that PDN is the cheapest stock in the world - I won't be selling at any price or at any time within the next 10 years. Price target raised to $17.50, given the astonishing run in the spot price.
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$7.47
Change
0.590(8.58%)
Mkt cap ! $2.234B
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$7.09 $7.51 $7.09 $98.97M 13.49M

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No. Vol. Price($)
1 50000 $7.46
 

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Price($) Vol. No.
$7.48 10967 2
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