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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(20min delay)
Last
$7.19
Change
0.885(14.1%)
Mkt cap ! $2.882B
Open High Low Value Volume
$6.82 $7.38 $6.81 $49.67M 6.948M

Buyers (Bids)

No. Vol. Price($)
10 6374 $7.18
 

Sellers (Offers)

Price($) Vol. No.
$7.19 3651 9
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Last trade - 14.00pm 16/06/2025 (20 minute delay) ?
PDN (ASX) Chart
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