PP just exited a bit early and then PLS had such a strong run up after after selling back in September, I suspect around the previous ATH's in the high 3s. Just trying to justify the decision. Put the money on AKE I would think at around $16 and even after AKE's stellar pump today, it's only at 14.50 ish. We've all done that at some stage.
This 1/4ly will be an interesting comparison between the two. PLS powering on and AKE still trying to ramp quality and quantity in SA. Not saying they won't have decent profit. P1000 will happen sooner rather than later, Calix midstream salt, Posco JV and who knows what else our BOD will conjure up. IMO, the profit comparison will widen between the two this 1/4 and will be ongoing, and no sovereign risk. Mt Catlin a 2nd Tier asset and James Bay, it's not a Pilgangoora. SA will do OK if environmental concerns don't ramp and the quality improves.
We all make our calls but no point in selling and then calling the sold stock over priced in comparison to your new darling. Just go off and wear it.
Great buying day due to weak hands, page-35
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Last
$3.06 |
Change
0.040(1.32%) |
Mkt cap ! $9.210B | |||
| Open | High | Low | Value | Volume |
| $3.04 | $3.12 | $3.02 | $47.88M | 15.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 321604 | $3.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.07 | 269930 | 12 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |