PDN - Paladin Energy

[lancer]

Re: PDN - Paladin Resources

Thx. How often are the price refreshed on this website ? and how useful are the PDN Tsx price to give a trend to PDN asx price the day after

As for the second part of your question, I am still trying to figure that out. I am pretty sure they trade off each other kind of. In other words if asx ended a trading day at 8.50 then the toronto exchange would open at 8.50 (of course with the currency exchange figured in) but sometimes it does not do that.. If anyone can clarify how the prices trade back and forth between the 2 exchanges I would like to know for sure.

 

[Fab]

Re: PDN - Paladin Resources

As for the second part of your question, I am still trying to figure that out. I am pretty sure they trade off each other kind of. In other words if asx ended a trading day at 8.50 then the toronto exchange would open at 8.50 (of course with the currency exchange figured in) but sometimes it does not do that.. If anyone can clarify how the prices trade back and forth between the 2 exchanges I would like to know for sure.

Let's test the therory then. PDN closed 3.02% higher on friday at 7.850 Canadian $ what will be the opening on monday based on the PDN TSN closing price (I don't know the A$ vs C$ exchange rate?)

 

[lancer]

Re: PDN - Paladin Resources

Let's test the therory then. PDN closed 3.02% higher on friday at 7.850 Canadian $ what will be the opening on monday based on the PDN TSN closing price (I don't know the A$ vs C$ exchange rate?)

Actually asx will trade first they are ahead...But we can try it after mon. close

 

[champ2003]

Re: PDN - Paladin Resources

Comsec has approved PDN for margin lending at 40% for those interested.

Sorry you were right. Comsec has added PDN for margin lending overnight.

Cheers!

Champ

 

[bvbfan]

Re: PDN - Paladin Resources

AUDCAD is about 0.91706, now divide CAD close by that will give you an AUD amount.
The only problem is some markets will pay a premium for a certain type of stock.
TSX seems to value Molybdenum stocks higher than ASX, whereas I guess ASX will value U stocks higher than TSX.

If you want to compare some ASX v TSX stocks
here are a few dual listed

AVM
MOL
EQN

 

[desyner]

Re: PDN - Paladin Resources

Trader dealer gives 70%

 

[Fab]

Re: PDN - Paladin Resources

Actually asx will trade first they are ahead...But we can try it after mon. close

Ok. PDN closed at A$3.60 on the ASX today what will be the opening for PDN on the TSX ?

 

[mmmmining]

Re: PDN - Paladin Resources

Ok. PDN closed at A$3.60 on the ASX today what will be the opening for PDN on the TSX ?

Ask a monkey, and a drunk monkey

 

[x2rider]

Re: PDN - Paladin Resources

Hi fab
The straight conversion is $ 7.90 Cnd so pretty much the same I would say. The driver will be if any info comes out over night that might push it up or down. On viewing in the morning will be a bit of a guide
Cheers Martin

 

[lancer]

Re: PDN - Paladin Resources

Looks like the little bit of news released is pushing the stock back up. PDN's chart is like clockwork for the perfect typical stock that goes up and pulls back a little then pushes up more. Anyone else notice this? I am not sure I have seen one that is more steady....Hope it continues

 

[Fab]

Re: PDN - Paladin Resources

looks like the little bit of news released is pushing the stock back up. PDN's chart is like clockwork for the perfect typical stock that goes up and pulls back a little then pushes up more. Anyone else notice this? I am not sure I have seen one that is more steady....Hope it continues

I noticed that since I bought it a year ago. It goes up and then consolidate and then up again by spikes. Also the news released today are very good as they now have a perm marketing manager who is commiting to the company. What else do you need. I can't see why PDN would not continue this trend now

 

[x2rider]

Re: PDN - Paladin Resources

hi folks
Yeah fab it is a nice share to trade. Tonight will be good to see the reaction over in Canada. Mostly good news for the stock and is getting back to the all time high level. This wil no doubt prove some resistance again and could prove a chance for a quick short trade with CFD's. It has had a good run over the last few days so $9 and the chance of a new high might just be to hard to push through this time.
But hey I have been wrong before and will continue to be wrong in the future.
Cheers martin

 

[barney]

Re: PDN - Paladin Resources

hi folks
Yeah fab it is a nice share to trade. Tonight will be good to see the reaction over in Canada. Mostly good news for the stock and is getting back to the all time high level. This wil no doubt prove some resistance again and could prove a chance for a quick short trade with CFD's. It has had a good run over the last few days so $9 and the chance of a new high might just be to hard to push through this time.
But hey I have been wrong before and will continue to be wrong in the future.
Cheers martin

I agree X2, PDN is probably my most favorite share for varying reasons, but I just got the feeling this arvo that the punters realise its price is "up there" now, and maybe aren't prepared to call it a "sure thing" as far as rising exponentially, at least atm. The chart says to me its lost a little momentum, and for that reason I think it might drop a bit short term and bounce around in the $8.50 region till a bit more consolidation sets in .......... Probably depends more on the general market sentiment than anything else ......... Just an observation .... I could be totally wrong. All the best to holders.

 

[x2rider]

Re: PDN - Paladin Resources

nice barney
I can see a nice trend that has formed from mid november and with the previous high is forming a a nice ascending triangle.
I don't think the drop would be much either but I do think it will happen. If it breaks down through this trendline then $8 or then $7.50 will be the next support points . These can also be a point to exit the short trade and go long.

We'll have to see how it goes. I know that it is looking a bit top heavy at the moment, but with production up and running any rise in the price of U will have to see a rerating

Cheers Martin

 

[thierry]

Re: PDN - Paladin Resources

CBA have put PDN into margin lending.. I am sure other ML providers will do the same, would this have an upward effect on the SP?(i.e more money to invest in the stock)

 

[champ2003]

Re: PDN - Paladin Resources

CBA have put PDN into margin lending.. I am sure other ML providers will do the same, would this have an upward effect on the SP?(i.e more money to invest in the stock)

This is all old news now as its been mentioned in earlier posts.

 

[MalteseBull]

Re: PDN - Paladin Resources

getting butchered today

 

[Fab]

Re: PDN - Paladin Resources

getting butchered today

Not sure why so?

 

[fma007]

Re: PDN - Paladin Resources

Drop in oil price overnight imo

 

[lancer]

Re: PDN - Paladin Resources

Drop in oil price overnight imo

It is not that. PDN lost 3% on the canadian exchange last night while I had 3 U stocks go up 6-10% each. I think it is still correcting from a great run. Maybe tomorrow we will find a increase in the spot price. I will post it if anything changes.