PLT 0.00% 70.0¢ plenti group limited

doesn't make sense, page-4

  1. 81 Posts.
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    I own PLT also. I initially bought back in 1997 and sold out a few years later with a small profit. I then jumped back in earlier this year based upon their initial sales results, and positive news, thinking they were a cheap buy. If it wasn't so close to end of financial year I would have sold out myself fearing the worst from the company. But given that there are shareholders wanting to sell out of poorly performing stocks before financial year end has made me uncertain as to whether their is a serious issue with the companies forecasts, in which case better salvage something than nothing, or just sit and wait until july, and hope that it is the tax selloff period driving this or some other sellers.

    Cheers,
    The Bat
 
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