• Australian (ASX) Stock Market Forum

Hello and welcome to Aussie Stock Forums!

To gain full access you must register. Registration is free and takes only a few seconds to complete.

Already a member? Log in here.

PDN - Paladin Energy

Discussion in 'Stocks I-P' started by tech/a, Jan 11, 2005.

sentifi.com

Aussie Stock Forum Sentifi Top themes and market attention on:

  1. Jurgen

    Jurgen GEEZER

    Posts:
    6
    Likes Received:
    0
    Joined:
    Jan 18, 2016
    Has anybody else a comment on a possible takeover?
     
  2. skc

    skc Goldmember

    Posts:
    8,277
    Likes Received:
    301
    Joined:
    Aug 12, 2008
    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.
     
    skyQuake, hallph and peter2 like this.
  3. Jurgen

    Jurgen GEEZER

    Posts:
    6
    Likes Received:
    0
    Joined:
    Jan 18, 2016
  4. rb250660

    rb250660

    Posts:
    258
    Likes Received:
    41
    Joined:
    Jan 13, 2013
    It's unreal hey. I know a guy who made a significant portion of his wealth from this stock.
     
  5. Jurgen

    Jurgen GEEZER

    Posts:
    6
    Likes Received:
    0
    Joined:
    Jan 18, 2016
    It sure is hey. Only time will tell for the 26,500 Shareholders what type of sharks they are?
     
  6. greggles

    greggles I'll be back!

    Posts:
    2,422
    Likes Received:
    1,192
    Joined:
    Jul 28, 2004
  7. pixel

    pixel DIY Trader

    Posts:
    5,359
    Likes Received:
    319
    Joined:
    Feb 3, 2010
    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.

    pdn_ax31mar94_to_06nov19.png
     
    greggles likes this.
  8. Joules MM1

    Joules MM1 ....everything has an art

    Posts:
    3,035
    Likes Received:
    513
    Joined:
    Jun 10, 2007
    @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)
     
  9. pixel

    pixel DIY Trader

    Posts:
    5,359
    Likes Received:
    319
    Joined:
    Feb 3, 2010
    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.
     
  10. YELNATS

    YELNATS Non illegitimus carborundum

    Posts:
    753
    Likes Received:
    0
    Joined:
    Apr 6, 2006
    As a holder I'm stunned they took away 98% of my holding. Grand larcency. Can they really legally do that?
     
  11. pixel

    pixel DIY Trader

    Posts:
    5,359
    Likes Received:
    319
    Joined:
    Feb 3, 2010
    Be glad they left you some.
    The company was broke; if they had let it die, you would've been left with nothing.
     
  12. greggles

    greggles I'll be back!

    Posts:
    2,422
    Likes Received:
    1,192
    Joined:
    Jul 28, 2004
    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.

    big.chart-PDN.gif
     
    barney likes this.
  13. barney

    barney

    Posts:
    3,337
    Likes Received:
    1,233
    Joined:
    Aug 17, 2006
    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;) ...
     
  14. Trav.

    Trav.

    Posts:
    402
    Likes Received:
    391
    Joined:
    Nov 27, 2017
    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

    upload_2019-7-24_6-10-1.png
     
  15. BoNeZ

    BoNeZ

    Posts:
    39
    Likes Received:
    35
    Joined:
    Nov 11, 2013
    It's been heading lower but ended higher today on higher than average volume. Hoping for a bounce in the coming days.
     
Loading...

Share This Page