PDN 1.71% $13.24 paladin energy ltd

wonder why the sell-off?

  1. 5,797 Posts.
    lightbulb Created with Sketch. 92
    Nothing has changed, except the focus has shifted to MTN I guess. But nearly 3.8 million shares traded today for a price drop of 15 cents. That makes for an ugly-looking candle on the chart!

    Any clues as to the reason behind the sell-down? Seems more than just a healthy retracement to me - wonder if somebody knows something? Weren't there some rumours being pushed earlier today about Namibia changing its mind re the mining licence, or am I imagining that? I can't see that happening unless some drastic event has occurred - like somebody not happy with the amount of payola they got.... Nah - wouldn't happen, would it? ;)

    Any clues?

 
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Last
$13.24
Change
-0.230(1.71%)
Mkt cap ! $3.951B
Open High Low Value Volume
$13.66 $13.70 $13.24 $115.9M 8.727M

Buyers (Bids)

No. Vol. Price($)
5 60263 $13.23
 

Sellers (Offers)

Price($) Vol. No.
$13.29 42663 1
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
PDN (ASX) Chart
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