This announcement whilst unfortunate for PDN, will make them stronger for the eventual recovery in 2020 (or so the experts say). this is when utilities will need to come back to market for new contracts.
The C&M scenario should last two years or so and is just another risk for PDN.
I have been getting exposure to U via BKY, DYL and BOE. I understand that BKY is the only new uranium mine coming on right now, so hopefully they have got the timing right, given Japanese restarts, Utilities resigning and supply being cut.
Ann: LHM Potential Care & Maintenance Decision, page-14
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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 |
