AJ, no doubt the kicking of the price had a bit of strategic maneuvering to it; its smoke and mirrors to both the technical and weak fundamental researcher scene. I'd rather be punching out from the 50s/60s range (where I think it should be as opposed to the 30s) on ML/BOA etc news; but if Ganfeng pinched 5% of the company up at 40c; well I think it's a fair call IMO to suggest that brokers etc with a Ganfeng connection / whisper, would have had a fair say in to where the shareprice currently sits; a few million would have been saved by forcing the price down ; but the company looks like it may have put the handbreak on; its generally -5-10% vwap. That pressure should now ease.
Better Days, page-87
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.99 |
Change
0.010(0.34%) |
Mkt cap ! $9.000B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $3.01 | $2.89 | $104.7M | 35.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11874 | $2.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.99 | 65336 | 3 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |