The sky isn’t falling, unless of course you are a ST holder or need money now.
PLS certainly is in an A1 position. Supply forecast, has very quickly become uncertain. Projects and expansions that everyone thought were a given, are now being reviewed. Financing being pulled on LTR is just the start.
It’s too late now to reverse the damage to sentiment in the sector. The seeds have been sown for the next price rise. When?
Tomorrow, I expect PLS to announce P1000 is progressing as previously announced. It will be ready to supply a market that is more than likely to be structurally short supply due to what we see happening now.
I fully expect a belting on the SP tomorrow. That is just the nature of the beast that we are a part of. All IMO and not to be taken as advice.
Looking forward to Q&A time.
Analysts, remember, only 1 question each so make them good ones. Please, none of the usual crap ones normally asked because you don’t read announcements or do the slightest bit of intelligent research on the sector.
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Last
$2.67 |
Change
-0.010(0.37%) |
Mkt cap ! $8.040B |
Open | High | Low | Value | Volume |
$2.64 | $2.72 | $2.63 | $51.42M | 18.82M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 28879 | $2.66 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.68 | 287620 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 28879 | 2.660 |
6 | 65770 | 2.650 |
33 | 895597 | 2.640 |
38 | 465612 | 2.630 |
29 | 79490 | 2.620 |
Price($) | Vol. | No. |
---|---|---|
2.680 | 287620 | 11 |
2.690 | 852830 | 8 |
2.700 | 336022 | 8 |
2.710 | 64200 | 7 |
2.720 | 227708 | 8 |
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