If the press is correct and PLS are going to burn through $60 million in costs in the next quarter and they are about to raise $60 million ,then what happens after the next quarter? Clearly the supply issue is not going to turn around in the next three months.
it would be nice if the company could explain how it intends to fund operating costs after the $60 million raising has been spent and yes I have a lot to lose so I'm not down ramping! PLS has had far too many surprises so far.
Ann: Trading Halt, page-247
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$2.83 |
Change
-0.030(1.05%) |
Mkt cap ! $8.519B | |||
| Open | High | Low | Value | Volume |
| $2.81 | $2.90 | $2.80 | $59.28M | 20.75M |
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| No. | Vol. | Price($) |
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| 22 | 196665 | $2.83 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.84 | 25000 | 1 |
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| PLS (ASX) Chart |