Interesting to note that it is the Chinese market and Chinese PLS customers that have forced the PLS share price down. It is now a major Chinese company that is able to pick up 8% and is able to:
- Have a director on the board; and
- Buy more shares at a very low price; and
- Position themselves to become a major shareholder at a relatively lower price than during the partnering process.
Who is in control? Hmmmmmm ........
I can reveal that I have lost a great deal on this stock and unfortunately still hold quite a few shares.
As a retiree I rely on share income so not a great investment for me. Not sure it is good for this country.
All IMO and DYOR. Hope it all works out in the end. Right now I think there are better investments available to me.
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1 | 9000 | 3.320 |
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2.910 | 20000 | 1 |
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