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?
Very important election for Paladin. A Labor loss would likely...
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Last
$9.37 |
Change
-0.420(4.29%) |
Mkt cap ! $2.802B | |||
| Open | High | Low | Value | Volume |
| $9.68 | $9.73 | $9.33 | $25.98M | 2.746M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $9.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.37 | 7986 | 2 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| PDN (ASX) Chart |