Very important election for Paladin. A Labor loss would likely open the path to mining on Mt Isa assets. A Mad Katter party holding the balance of power would also be favourable to uranium mining hopes as they are supportive.
The recapitalisation of PDN's balance sheet could be a game changer for the company ... AREVA is already the most likely big fish interested in these assets. Will JB take a paper haircut since SMM was acquired at almost thrice the current SMM SP, but walk away with much valued cash from AREVA or a conglomerate of bidders?
A sale would have the current SP severely undervalued.
Any thoughts?
will we get a qld election rally?
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Last
$13.99 |
Change
0.010(0.07%) |
Mkt cap ! $4.182B | |||
| Open | High | Low | Value | Volume |
| $13.78 | $14.02 | $13.62 | $27.61M | 1.999M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 198 | $13.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.00 | 5278 | 3 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |