I talked to PLA last week and found that the 15% hedged was done in Rands not dollars, so we're not getting $2000USD were getting something like $2000 * (% depreciation of Rand since hedging)I was told this is now about $1500 US. Was also told their costs are in rands so these have gone down by same %.
I'm not worried about PLA price. My main worry these days is a takeover attempt. On the other hand this seems to be a worry being talked about on many of the undervalued stocks I own.
cost are in rand and fall as rand depreciates, page-6
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Last
25.0¢ |
Change
-0.005(1.96%) |
Mkt cap ! $209.2M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.0¢ | 25.0¢ | $1.575K | 6.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 16188 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 500000 | 1 |
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| Last trade - 10.02am 18/09/2025 (20 minute delay) ? |
| PLA (ASX) Chart |