A company that weathers an 80% decrease in the sale price of their product over 12 months and still turns a profit is a keeper. PLS is in the process of doubling their output without having to borrow for capex. What's not to like.
Meanwhile BYD is setting off a bomb under ICE vehicle manufacturers with a mass of high quality competitors. Television has always been swimming with expensive ads by ice manufacturing monopolies. This will continue for a while as the ice folk try to shore up their cash cows, but the writing is on the wall and there is a white elephant in the room.
Good News & Bad News, page-42652
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Last
$2.98 |
Change
-0.030(1.00%) |
Mkt cap ! $8.974B | |||
| Open | High | Low | Value | Volume |
| $3.00 | $3.11 | $2.97 | $82.16M | 27.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 65571 | $2.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.99 | 7500 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |