RP that last paragraph is all in your opinion and how you personally respond to an investment considering your own risk appetite.
Quite a few of us here have put in large$ and have continued to, as in the process of doing our own research of the company, management and the tenements, consider with each drilling announcement PLS has been further de-risked. More so now with this massive endorsement from the investment community.
We could compare PLS with any other company listed on the ASX, say banks pre-GFC for example. Property too carries risk. Cash in the bank? What does not carry some form of risk. Each individual makes the call where they put their money and for you to call it idiotic is a judgement not founded in the facts of kunleesp' situation. He could be worth 10X that amount. I personally am 95% of my total portfolio in PLS. I'm no idiot. I know what I'm doing.
"a few instos have bought in and could very well unload straight away for a quick profit."
Most probably some will, and they have been selling since the last 3 CRaisings at 4c 11c and 23c. The buyers have shown up each time and here we are now at 60c. Most likely that some of the 38c shares will be sold, and I would bet that they too will go the same way as the previous CR shares that were sold on market.
Whatever your strategy I hope it works for you in building wealth.
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Last
$2.41 |
Change
-0.170(6.59%) |
Mkt cap ! $7.257B |
Open | High | Low | Value | Volume |
$2.57 | $2.60 | $2.41 | $64.35M | 25.99M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 123970 | $2.41 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.42 | 15148 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 123970 | 2.410 |
75 | 575112 | 2.400 |
2 | 135271 | 2.390 |
9 | 163698 | 2.380 |
3 | 15421 | 2.370 |
Price($) | Vol. | No. |
---|---|---|
2.420 | 15148 | 3 |
2.430 | 17653 | 3 |
2.440 | 42738 | 4 |
2.450 | 285428 | 4 |
2.470 | 12500 | 2 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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PLS (ASX) Chart |