Nah I mention on and off screen trade volumes cross trade analysis. It wasn't 80% of the share on issue involved in pass week trades the actually amount of share involved was 68M. Remember PLA wasn't in this desparate level because of the value, it s in this bottom because of the management issue and labour issue. And certainly you don't buy share just because it was 1.68c before.
Buyer sit on the sideline because PLA hasn't shown concrete evidences that they addressed all those issues and that they have put to bed these issues.
As long as there no concrete evidences of these production and management issue, there will no major revaluate on this company no matter what they have on their book. Fix all that and show the market the evidences of production target delivered then a rerating will happen.
- Forums
- ASX - By Stock
- PLA
- retrace
retrace, page-19
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)