Agree dfs1, i agree that PLS being in a growth sector and being a pure player with growth initiatives in a product that has muliti-year if not decade long deficits lined up deserves a higher P/E. Those earnings will be put to good use with divvies and allocated to other cash generating assets in years to come.
Just stating that the current P/E is around 6 - 8 depending on where earnings land because the E needs to factor in tax. This doesn't mean that's the P/E PLS deserves
Good News & Bad News, page-16258
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Last
$3.00 |
Change
0.090(3.09%) |
Mkt cap ! $8.944B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $3.02 | $2.83 | $80.61M | 27.55M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 130513 | $3.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.70 | 3996 | 2 |
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| Last trade - 15.59pm 07/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |