Of concern to PLS and its shareholders (see point 2)
(Maybe explaining shorter motivation)
A contrarian economic commentator nominates 3 industries doomed to fail.
(Note I do not necessarily agree ... but he provides compelling charts)
Source :- BOOM Finance newsletter :-
1. mRNA Technology is supposedly going to revolutionise the world of healthcare and pharmaceuticals.2. Alternative energy companies are supposedly going to revolutionise the way we create energy to power our complex societies.
3. Artificial Intelligence is supposedly going to revolutionise everything.
However, BOOM smells a rat.
(https://boomfinanceandeconomics.wordpress.com)
After initially being attracted to the three Wunderkind technologies, investors in all three have decided to sell out and the downtrends in prices are obvious to anyone who cares to take note.
The future appears not to be what the mainstream media and the politicians are promising.
BOOM suspects that all three technologies will be found wanting in the fullness of time.
The term over-hyped springs to mind.
Good News & Bad News, page-34030
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Last
$3.00 |
Change
-0.020(0.66%) |
Mkt cap ! $9.030B | |||
| Open | High | Low | Value | Volume |
| $3.02 | $3.04 | $2.98 | $40.14M | 13.33M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 110363 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 14732 | 4 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |