imo a better way forward for PDN to take advantage of risining u price is to buy out the Chinese now.
this would give Pdn a 100% return of realised profits and they would be able to amortise the restart costs over a greater income stream which would result in a higher eps.
Capital raising, page-7
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Last
$9.59 |
Change
-0.015(0.16%) |
Mkt cap ! $2.955B | |||
| Open | High | Low | Value | Volume |
| $9.87 | $9.94 | $9.49 | $10.14M | 1.055M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1515 | $9.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.59 | 2226 | 6 |
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| Last trade - 12.59pm 07/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |
