Lending stock to short isn't the issue.
A bottom hasn't formed yet. 15C is another key support that really needs to hold! Historically the RSI was responding to the weekly 20+ measure and we are not there yet.
Unfortunately management was caught with issues of profitability at the least favorable time on the global macro issues. The last check a week or 2 ago suggest that BH were still attracted to the coupon rate and bid the price up to 8% yield at the time.
I don't put much faith in the next 3 months as we adjust to a new normal where consumer based could be forced to stop spending besides buying food necessities and make it at home to consume. I have never come across the panic buying and it isn't an Ozzie thing but GLOBAL.
Good luck to those holding and I have seen good companies destroyed by forces outside their immediate control.
Good News & Bad News, page-4947
-
- There are more pages in this discussion • 6,268 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.86 |
Change
-0.200(6.54%) |
Mkt cap ! $8.608B | |||
| Open | High | Low | Value | Volume |
| $2.95 | $2.96 | $2.85 | $61.44M | 21.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 163532 | $2.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.87 | 44591 | 3 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |