Its increased by approx' 15% since August. That has caused the SP to drop from $5 region to $3.50. So 15% is approx' 450M shares. I think any rise will be in short order as buying back even half the 15% is 225M shares. Add other buys on top of that and you could easily see this in the high 4s again. They will want to lock in profits, not just hand them back so, yes could be ugly and I'm watching with interest how they manage it as I haven't seen a short position this size, on such a high profile, profitable, well managed, future positioned company before.
If anyone has, please give an example and how the maggots managed to extricate themselves from the excrement.
Good News & Bad News, page-36679
-
- There are more pages in this discussion • 7,438 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.00 |
Change
-0.050(1.64%) |
Mkt cap ! $9.029B | |||
| Open | High | Low | Value | Volume |
| $3.03 | $3.06 | $3.00 | $41.07M | 13.59M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 97 | 622937 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 580 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |