PDN 5.94% $8.20 paladin energy ltd

34.1 million shares to be bought according to JP. Morgan report...

  1. 448 Posts.
    lightbulb Created with Sketch. 82
    34.1 million shares to be bought according to JP. Morgan report from Friday + 14m from Uranium X ETF, so 48m shares to buy, which at VWAP (on long run) will take > 1.5 months.
    Then add in the fact a deep value guy is clearly buying the dips (pretty clear from broker data on top 2), then it will trade like Emeco did after coming out of bond holder selling, +140% in 3 weeks, as Insto concentration in this name is high and free float low.

    https://hotcopper.com.au/data/attachments/1465/1465692-3ee98d99b43b51937138c4cfeb0cd022.jpg

    https://hotcopper.com.au/data/attachments/1465/1465693-5d8b005ab9253f4cf5dc7c9086361106.jpg
 
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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) ?
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