Isatas - by definition if PDN went 23c to 42c and uranium spot went $28 to $45, then PDN outperformed on a % basis.
though havign said that Im only saying pdn bottom was 23c is out of memory - pretty sure i recall seeing it at that level. certainly I saw it hit 27c.
i never said it should be an equal relationship. stocks are typically logarithmic in relationship to commodity price.
the fact pdn;s % gain is almost identical to commodicty is just chance.
-
- There are more pages in this discussion • 46 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PDN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$11.85 |
Change
0.070(0.59%) |
Mkt cap ! $3.544B | |||
| Open | High | Low | Value | Volume |
| $11.64 | $11.93 | $11.59 | $27.97M | 2.369M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $11.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.86 | 606 | 1 |
View Market Depth
| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| PDN (ASX) Chart |