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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Last
$11.66 |
Change
-0.170(1.44%) |
Mkt cap ! $3.487B | |||
| Open | High | Low | Value | Volume |
| $11.80 | $11.89 | $11.49 | $34.10M | 2.930M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10 | $11.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.67 | 6642 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| PDN (ASX) Chart |