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0.12% $8.30 paladin energy ltd

Hi bought back in recently after losing a heap on this in its...

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  1. joca
    793 Posts.
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    19/01/19
    13:48
    Post #: 37163799
    Hi bought back in recently after losing a heap on this in its previous life .
    What sent the company almost to the wall last time was not locking in LT Uranium price contracts when the price was high and relying on the falling spot price.
    If the Uranium price did get to say $50 / lb would they lock in some LT supply contracts or do they take a punt on the spot price again. Not to sure how all this uranium pricing works but thinking similiar to the way gold miners hedge gold.
    Last edited by joca: 19/01/19
    PDN Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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$8.30 		Change
-0.010(0.12%) 		Mkt cap ! $2.955B
Open High Low Value Volume
$8.21 $8.35 $8.16 $19.73M 2.389M

Buyers (Bids)

No. Vol. Price($)
1 9 $8.21
 

Sellers (Offers)

Price($) Vol. No.
$8.30 2693 3
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