Agreed that looking in the rear view mirror yields an unappealing opportunity; however, most investors thinking about anything uranium related right now are looking to the future with some interesting fundamental issues (reactor restarts / new reactor builds) as helping the uranium price to get off the carpet and rise again.
PDN is a price taker, so the uranium price turning is the main thing that will stop them from driving into the wall again.
There is a really good reason why the uranium mining industry is almost dead at the moment. For most investors, PDN was one of those companies that they hoped would survive and maybe they just might.
All my opinion and DYOR.
PDN back and tightly held $81 million market cap, page-40
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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 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |
