well ask your management to start sharing wealth with investors instead of paying their wages and bonuses and options & stocks and you will see stock re-valued in my opinion... look at what happened to TER from 20c to 79c ... as every hungry investor waiting for upcoming dividend .. lol
but unlike TER, PLS has long mine life as claimed by PLS ... so story will be different ... all you need is board of director intending to share wealth with investor ... IMO... there is no end to growth so for PLS management need change in attitude to start sharing wealth with investor if they have enough franking or start buy-back if they don't have franking credit .. IMO.
* I don't recommend to buy/sell TER anyways just giving example on how stock shoot out as soon as investor see management willing to share wealth with investor ... in my opinion. I have no knowledge of TER business or their future prospect ... and price already gone way too high after dividend announcement ... IMO.
see below, who is getting (Candy)
and what investor get (growth story & no dividend while management collect their options & shares.. lol) .... {read page 93 to 118 of Annual report 2021}.
there are many other pages on options & stocks and vesting criteria so above screenshot doesn't cover everything about management bonuses & shares ... so read 2021 annual report to get full understanding .. IMO.
(20min delay)