I think with the Aussie election it's two bad choices who will pretty much crash the value of the Australian $ which is good for mining and exporting stocks. Depending who wins and how much debt they put us in will dictate the drop of our $.
Although speculating that all currencies will pull back against precious metals over time due to large debts held by western government and corporations.
If PLS can build using pre payments and off take cash and keep debt to an absolute minimum I think we will do even better than predicted as most reports suggest the use of debt financing.
US and Aussie election years always drives the stockmarket down and price of gold up.
BREXIT and PLS next week, page-20
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Last
$3.07 |
Change
0.090(3.02%) |
Mkt cap ! $9.197B | |||
| Open | High | Low | Value | Volume |
| $3.05 | $3.09 | $3.02 | $74.82M | 24.46M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 750 | $3.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.07 | 10000 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |