Companies like AVZ are in the 'euphoria' stage as was PLS where it soared from a few cents to 87 cents before reality set in. This pattern will happen IMO to new start ups as they have a long way to go in development of their mine. There are graphs showing this from many posters. PLS still in the orphan stage. Like Altura where their last announcement regarding their debt being bedded down, their SP didn't move.....exactly the same for PLS when their finances were finalised and now derisked.
I dont think much will happen with PLS sp for a while, hence shorting and BOTS keeping price in a range maybe for t/over tilt.
Cheers
Moowee
Todays SP decrease, page-49
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Last
$3.07 |
Change
-0.190(5.83%) |
Mkt cap ! $9.239B | |||
| Open | High | Low | Value | Volume |
| $3.19 | $3.20 | $3.07 | $96.53M | 30.85M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 815921 | $3.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.08 | 309816 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PLS (ASX) Chart |