Well U prices are just continually rising and bucking the trend with respect to other commodities prices. That is a very bullish sign especially with all this turmoil with trade wars and what not.
Whats also positive is that the industry has now gone into a structural deficit of 50m lbs with demand outstripping supply...pretty sure that hasn't been the case for maybe a decade.
U bull market to me seems inevitable....PDN will be a major beneficiary given they can ramp up to 4-5m lbs per annum pretty quickly after taking L&H out of care and maintenance.
Also the chart setup is looking real good - another surge coming soon.
Typical trading day, page-12
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PDN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$8.13 |
Change
-0.170(2.05%) |
Mkt cap ! $2.955B | |||
| Open | High | Low | Value | Volume |
| $8.22 | $8.31 | $8.13 | $17.68M | 2.160M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 417 | $8.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.56 | 25726 | 1 |
View Market Depth
| Last trade - 15.59pm 27/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |
