"Unfortunately holders have no ammo left ..."
Then who do you think have been buying since the market open this morning? I can see more than 6 million shares have been bought at the moment.
And I think it is too early calling it "dead cat bounce". Technically "dead cat bounce" can be known only after the fact. If the sp makes a new significant (it must be significant) lower low, then it can be said that the strong rebound of the last 2 days is "dead cat bounce".
PLS chart, page-22679
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Last
$2.86 |
Change
-0.200(6.54%) |
Mkt cap ! $8.714B | |||
| Open | High | Low | Value | Volume |
| $2.95 | $2.96 | $2.86 | $42.56M | 14.59M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 53 | 517747 | $2.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.87 | 275016 | 65 |
View Market Depth
| Last trade - 14.56pm 02/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |