I share same view - maybe the strong recent run?
I would have thought with the issue of debt rather than equity there is minimal dilution. Retiring 2011 debt in exchange for longer range debt when the opportunity to pay off that debt out of free cash flow is the likely scenario should augur well for a debt servicing viewpoint. The rise in U price is just another bonus with current cost of production $USD26 lb or thereabouts. Puzzling.
why the strange market reaction?, page-2
Add PDN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$13.01 |
Change
-0.160(1.21%) |
Mkt cap ! $3.889B | |||
| Open | High | Low | Value | Volume |
| $13.10 | $13.15 | $12.94 | $22.67M | 1.736M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2527 | $13.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.02 | 2319 | 2 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |