PDN 0.37% $1.37 paladin energy ltd

Deano, i'd just be speculating, daily short activity isn't my...

  1. 1,682 Posts.
    lightbulb Created with Sketch. 235
    Deano, i'd just be speculating, daily short activity isn't my area, they could have shorted yesterday at 37.5c and then covered today at 35.5c, or held an open position for longer if they expect to cover lower? Whereas longs had the option to buy yesterday at 24.5c and sell today at 37.5c.

    I guess the long term outstanding shorts trend is the main thing, indicated by the ASIC reports, unfortunately they are delayed a few days, but the last report was 5% less shorts than a few days before that. 11% outstanding shorts is quite a lot, so they will add to SP buying pressure if PDN and U sector confidence keeps increasing and they have to cover.
 
watchlist Created with Sketch. Add PDN (ASX) to my watchlist
(20min delay)
Last
$1.37
Change
0.005(0.37%)
Mkt cap ! $4.088B
Open High Low Value Volume
$1.37 $1.39 $1.37 $45.73M 33.33M

Buyers (Bids)

No. Vol. Price($)
1 108442 $1.37
 

Sellers (Offers)

Price($) Vol. No.
$1.38 53742 4
View Market Depth
Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
Last
$1.37
  Change
0.005 ( 0.36 %)
Open High Low Volume
$1.38 $1.39 $1.37 2737746
Last updated 15.59pm 28/03/2024 ?
PDN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.