I had posted while the placement took place that the size of the dilution 30+% from memory will make any numerical SP increment limited because market cap magnified with those extra shares.
For once I tend to believe the broker more when the running commentary about the over supply extending into 2020. Although PLS was able to raise so much capital under the circumstances is credit to them. Ends justify means perhaps? It just buys them some time. The real Q is why the need to raise so much capital? Why CATL came on hoard? The only charity here is a vulture playing a long game waiting to pounce should the SHTF. I’m a realist. Anyone of you down rappers with a financial interest willing to pay my internet fees , I’m all ears. Cheap as chips for my service. Lol.
- Forums
- ASX - By Stock
- PLS
- Question for Holders, Not for Losers
Question for Holders, Not for Losers, page-14
-
-
- There are more pages in this discussion • 39 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PLS (ASX) to my watchlist
|
|||||
Last
$3.02 |
Change
-0.040(1.31%) |
Mkt cap ! $9.090B |
Open | High | Low | Value | Volume |
$3.08 | $3.11 | $3.02 | $55.82M | 18.22M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
37 | 424619 | $3.02 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.03 | 17344 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
35 | 329137 | 3.020 |
23 | 502241 | 3.010 |
92 | 359053 | 3.000 |
16 | 98735 | 2.990 |
19 | 101042 | 2.980 |
Price($) | Vol. | No. |
---|---|---|
3.040 | 32598 | 6 |
3.050 | 109743 | 7 |
3.060 | 104622 | 7 |
3.070 | 137237 | 8 |
3.080 | 1849 | 2 |
Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
Featured News
PLS (ASX) Chart |
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online