PLA 0.00% 6.7¢ platinum australia limited

what's going on, page-2

  1. 5,522 Posts.
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    There is still a substantial buyer in the market. However, sentiment across the market as a whole is shot, so the buyer is just taking his time & letting the sellers come to him. Also helping him is the fact that the platinum price has fallen recently. We should be nearing a bottom in that respect due to the high cost of mining PGMs (for most companies). The demand side doesn't look good though. I sold out for these reasons but am looking for a re-entry.
 
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Currently unlisted public company.

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