Also worth realising that the LT U price hasn't broken out of a 2 year bottom yet. The miners mostly sell into LT contracts so you can't really expect them to respond too much to spot. Whoever lends PDN the money to come off C&M (say $60m) will be looking for LT contracts as a surety that PDN will be able to pay their debts this time.
The good news is that the LT price will rise if things just keep ticking along as they have been.
Cheers,
Tim.
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Last
$8.24 |
Change
-0.060(0.72%) |
Mkt cap ! $2.955B | |||
| Open | High | Low | Value | Volume |
| $8.22 | $8.31 | $8.13 | $7.526M | 917.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 9659 | $8.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.25 | 2230 | 9 |
View Market Depth
| Last trade - 12.19pm 27/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |
