$2.00, page-6

Did anybody else notice or was it just me that the PLS sp was dropping all through 2019 ... before the virus even existed!!
I understand the virus has presented an additional headwind but any optimism expressed by posters is surely due to being fixated on a particular outcome whilst ignoring facts.
Sales of product were slow and continue to be so.
Costs of production are still high and will be rising unless plant gets back to full production.
Debt repayments are continuing at constant speed.
Current PLS retail holders are in an ever weakening position. Case in point that the small punters donated 30c per share during the spp a few months ago for diluted control in the company. ( No control at all really!!)
Rather than $2.00/ a more likely scenario is a cheap takeover by some of the major holders.
<IMO>