PDN - Paladin Energy
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skc
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http://www.afr.com/business/mining/...s-after-us277m-payment-demand-20170703-gx3vjv
RIP PDN.
You once had a $5B market cap.
You once inspired hundreds of small ASX companies to chase after uranium assets and tenements.
You once made thousands of retail investors think they are awesome investors.
Your demise dented the hopes of many, on how you can't just put a share in the bottom draw for them to miraculously come good.
Tens of thousands of investors will see a picture of you, when they look up boom-to-bust in the dictionary.
You shall remain one of the fabled chapters on the ASX.
Indeed, your death is probably what the uranium industry needs to most. Although I doubt the assets will actually stop operating.
May you meet your other old friends in corporate heaven.
RIP PDN.
You once had a $5B market cap.
You once inspired hundreds of small ASX companies to chase after uranium assets and tenements.
You once made thousands of retail investors think they are awesome investors.
Your demise dented the hopes of many, on how you can't just put a share in the bottom draw for them to miraculously come good.
Tens of thousands of investors will see a picture of you, when they look up boom-to-bust in the dictionary.
You shall remain one of the fabled chapters on the ASX.
Indeed, your death is probably what the uranium industry needs to most. Although I doubt the assets will actually stop operating.
May you meet your other old friends in corporate heaven.
Is Uranium becoming Obsolete?
http://oilprice.com/Energy/Energy-General/Uranium-Prices-Set-To-Double-By-2018.html
http://oilprice.com/Energy/Energy-General/Uranium-Prices-Set-To-Double-By-2018.html
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It's unreal hey. I know a guy who made a significant portion of his wealth from this stock.
greggles
I'll be back!
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At last, rejigged Paladin back on the boards
It lives! A recapitalised and restructured Paladin Energy re-instated to official quotation.
Does PDN really stand a chance given its chequered history?
It lives! A recapitalised and restructured Paladin Energy re-instated to official quotation.
Does PDN really stand a chance given its chequered history?
pixel
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After consolidation, top 20 are holding 95% of the new shares.
Holders of the old shares lost 98% of previous volume and over 90% of last-traded value.
Of course, neither of that will guarantee the new Paladin's survival.
Glad I wasn't involved. Sold the last of my holdings in 2007 and never went back.
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@pixel , are you thinking 95% T20 held means a shell play for a whole new ballgame?
(am holding A1C based on the same profile albeit lesser held as % of total scrip avail)
pixel
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I have no idea what the T20 are up to, whether they're re-opening some mines or keeping everything mothballed. All I noticed was the reappearance of PDN on the active board, at a sp rise by some 300%, which of course is due to the consolidation. I haven't read the other announcements around the relisting because at this stage, PDN is of no particular interest to me.
As a holder I'm stunned they took away 98% of my holding. Grand larcency. Can they really legally do that?
pixel
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Be glad they left you some.
The company was broke; if they had let it die, you would've been left with nothing.
greggles
I'll be back!
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Paladin Energy looks to be moving up and out of the consolidation zone it has been trading in for the last couple of months. Volume very heavy today and yesterday but no apparent catalyst for the move north.
PDN closed today near its high and is looking bullish.
PDN closed today near its high and is looking bullish.
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Paladin have $50 million in Cash with a Market Cap of around +$300 million … If the price action stays positive, I'd say they are back in the race
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Another one to watch. I am currently maxed out on positions so can't take position today. BO of $0.16 would be the trigger
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Pdn , Well from a chart perspective ,The 1day time frame of pdn is consolidating nicely and forming for a possible breakout if it cracks 0.35.5 ?
Well uranium at is lows if you consider prices 10 years ago, Although nuclear power not quite popular in Australia, used heavily in other countries ,
I'm liking this chart,
Please DYOR
P.S : For some reason it didn't show, tho the two ema (exponential) used were the 26 and 12,
Well uranium at is lows if you consider prices 10 years ago, Although nuclear power not quite popular in Australia, used heavily in other countries ,
I'm liking this chart,
Please DYOR
P.S : For some reason it didn't show, tho the two ema (exponential) used were the 26 and 12,
Attachments
greggles
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PDN has been quietly undergoing a transformation in 2021. They have just raised $218 million, are extinguishing legacy corporate debt and are working towards the restart of the Langer Heinrich uranium mine.
PDN rises again?
Is uranium about to enter a bull market?
PDN rises again?
Is uranium about to enter a bull market?
TechnoCap
Life is one hell of a ride
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certainly seems this way based on volume and price movement across most uranium stocks today and of late...PDN has been quietly undergoing a transformation in 2021. They have just raised $218 million, are extinguishing legacy corporate debt and are working towards the restart of the Langer Heinrich uranium mine.
PDN rises again?
View attachment 123746
Is uranium about to enter a bull market?
Stockbailx
"Profit Compoundd" Rules
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Paladin Energy Limited develops and operates uranium mines in Australia, Canada, and Africa. The company operates through Exploration, Namibia, Malawi, and Australia segments. Its flagship project is the Langer Heinrich mine located in the Namib Desert in Namibia. The company was formerly known as Paladin Resources Ltd and changed its name to Paladin Energy Limited in November 2007. The company was incorporated in 1993 and is based in Perth, Australia.
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TechnoCap
Life is one hell of a ride
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It certainly has a nice foundation to launch this month and in fact for the coming quarter as uranium plays are in favour
