That's part of my contention as to why PLS is frothy.
EVN is around $7.8 billion market cap and they can raise $550 million at 3% due 2028.
PLS is around $7 billion and as you say, maybe don't have $120million cash..
Above is my opinion only and not financial advice.
Ann: PLS Payment of Deferred Consideration for ALO Acquisition, page-45
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Last
$3.06 |
Change
-0.040(1.29%) |
Mkt cap ! $9.561B | |||
| Open | High | Low | Value | Volume |
| $3.13 | $3.20 | $3.05 | $46.61M | 14.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 15931 | $3.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.07 | 56563 | 17 |
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| Last trade - 13.16pm 08/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |