I agree with this take. I sincerely hope that we don't take up the Yahua options (in PLS' favour), to enable further price transparency via these auctions. I see way more upside than downside with further BMX auctions, particularly as I hope more international players become interested in participating (even if it's just to enable trials of their plants). The Chinese companies are undoubtedly colluding to hold down the price, but as other international companies come to centre stage, that will change the game.
Ann: Pre-auction Sale, page-100
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Last
$3.07 |
Change
-0.190(5.83%) |
Mkt cap ! $9.239B | |||
| Open | High | Low | Value | Volume |
| $3.19 | $3.20 | $3.07 | $96.53M | 30.85M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 815921 | $3.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.08 | 309816 | 3 |
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| PLS (ASX) Chart |