PDN 5.94% $8.20 paladin energy ltd

one cause of action might be the constant reassurances from...

  1. 172 Posts.
    one cause of action might be the constant reassurances from Molyneux that all was progressing well, including the deal with CNNC in that now-infamous “documentation phase”. That implied to me that an asset sale was imminent, barring the contracts being signed.

    I’d have sold PDN much earlier than I did, but for the various reassurances from the CEO. The decision (not to sell) cost me a lot of money.

    I think that management should be accountable for their announcements, and I understand that they have a duty of continuous disclosure to the markets.
 
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