A sad day for me yesterday, i have been holding since 2016. Selling the majority of my position yesterday at open despite long term confidence in the success of the company being trumped by the realization that the sector is being smashed, and is likely to continue to smashed for the near to mid term.
the recent announcement made the chance of dropping below the low of 56c significant and will likely keep going into the 40s before bargain hunters spike it back up. I feel like the norm of 70c in recent times is now gone the new norm will be 60c with range trading from 45-70 likely for the next quarter.
i will be back, i believe in the company, but this spring has further to coil before being released.
being one of the most discussed companies on hc makes pls's distribution of retail SHs unique, And this is a contributor to the volitily in the SP.
knowing my confidence in the company, and how i am currently feeling about where the sp is going, many others are feeling the same way.
Day to day discussions on S/P, page-12640
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Last
$2.41 |
Change
-0.170(6.59%) |
Mkt cap ! $7.257B | |||
| Open | High | Low | Value | Volume |
| $2.57 | $2.60 | $2.41 | $64.35M | 25.99M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 123970 | $2.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.42 | 15148 | 3 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |