PDN 5.94% $8.20 paladin energy ltd

At least with us originals retaining 2% of the shares, they will...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 317 Posts.
    lightbulb Created with Sketch. 15
    At least with us originals retaining 2% of the shares, they will have to make ASX announcements to all concerned. It will take sometime to complete the share transfers. If the originals still hold 34M shares (2% of 1.7B), a takeover of the remainder at last market cap would only cost them 2% of $80.5M ie $1.61M. S'body check my maths, it seems ridiculous. They will have overriding say if wanting a complete takeover but I am hoping they will trade again as is and let the market value the stock.
 
watchlist Created with Sketch. Add PDN (ASX) to my watchlist
(20min delay)
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
View Market Depth
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
PDN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.