You are right, reasonable people are extremely concerned, dreamers are not.
No one is suggesting that Ken responds directly to online tweets but he should be proactive and update the market more regularly by posting on its own website.
In these posts he could easily put to bed the major rumours.
He and the BOD need to appreciate the optics of the situation. If the Atlas story wasn't hanging around Kens neck, then the rumours wouldn't be there but Atlas did happen and Ken was in charge.
As I've said before no one cares about the EV and battery storage future. The company's future is the only thing that matters. As Atlas showed, you can have a guaranteed demand for a product and a failing company at the same time.
If the Sept quarter doesn't meet guidance then we will sink lower, then if we don't meet the 65,000 to 80,000 tonnes which apparently is the guidance for the December quarter we will sink lower again and if Posco gets deferred in December then we will sink lower again.
If PLS is a first grade mine and reserve, then a large player will take it for a song. If a major player doesn't make a move, then that will raise additional rumours.
I don't know what is true or false. All I know is that my hard earned money is on the line!
Good News & Bad News, page-2348
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Last
$3.05 |
Change
-0.100(3.17%) |
Mkt cap ! $9.185B | |||
| Open | High | Low | Value | Volume |
| $3.13 | $3.15 | $3.02 | $74.55M | 24.33M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 89482 | $3.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.05 | 37502 | 3 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |