Business
Why the Paladin (ASX:PDN) share price is in a trading halt today
The Paladin Energy Ltd (ASX: PDN) share price isn’t going anywhere this morning as management requested a trading halt. This comes after the company announced an equity raise to repay its senior notes and reorganise its capital structure.
The uranium producer’s shares are standing at 46.5 cents from yesterday’s market close.
What’s with the Paladin share price?
The Paladin share price is not trading today as investors weigh up the company’s latest update.
In its announcement, Paladin advised that it is undertaking an equity raise through a non-renounceable entitlement offer and institutional placement. The goal for the equity raise…
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