re: Ann: SMM: Updated improved resource estim... galileo the bottom line is this, the share price of a company is exactly what a company is worth... today one can buy a small piece or a 3 or 4 or more million shares of PDN at around $3.00. Not quiet 2 years ago they would have cost ( or one could have sold )$10.80 the market cap at 10.80 was more then 3 times, the market cap is today. The point being sure PDN will (hope) reach highs and hopefully past them, but it may also NOT... right now pdn is worth what it is.. end of story.. If I tried right now to sell my shares for $5, $8, $10. I will have more than likely have a looooooooong because simply the market is not valuing PDN at that level.
Lets leave it here, I'm very surprise you can't see the plain logic in what I'm posting. Lets agree to disagree.
Regards
Mx.
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Last
$7.60 |
Change
-0.160(2.06%) |
Mkt cap ! $2.955B | |||
| Open | High | Low | Value | Volume |
| $7.76 | $7.82 | $7.52 | $25.53M | 3.352M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 42495 | $7.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.61 | 12868 | 2 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |
