Weird logic there guy. Seems better to short PLS considering it has a ridiculously inflated P/E of 30 with a NEGATIVE annual profit growth of 89%.
It is also now achieving the worst sales prices among its peers and has $1B in debt and an extra $500M in dilution coming for a project that will likely not begin construction for years if ever.
The bags left to be made here are on the way down clearly.
Good News & Bad News, page-45439
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Last
$3.15 |
Change
-0.160(4.83%) |
Mkt cap ! $9.486B | |||
| Open | High | Low | Value | Volume |
| $3.20 | $3.22 | $3.09 | $384.4M | 121.3M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1587 | $3.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.16 | 20000 | 2 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |