sure oracle
fyi citi has pdn getting into positive earnings per share from fy17. ill keep an eye out for others. i cant be bothered transcribing all the supporting data on sales etc im sorry
they have modelled long term uranium prices as if they stall in mid 40s until 2017 i believe - they have a view uranium long term market is basically at equilibrium now japan reactors restart.
but fair to say i think they are ascribing 'normal commodity' pricing characteristics to uranium - which i personally dont believe is true and thats why i bought
I think what is likely though is spot uranium will stall in the 40s for a while. when that happens pdn will likely fall back given brokers like citi have a 25c target price for the stock.
i think as a result pdn will be a polarising stock for some time to come - but im a firm believer we are on a one way move back to $us60+ prices over next 3 years
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Last
$8.20 |
Change
0.460(5.94%) |
Mkt cap ! $2.955B | |||
| Open | High | Low | Value | Volume |
| $8.04 | $8.32 | $7.90 | $30.65M | 3.704M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $8.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.22 | 2649 | 1 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |
