How is there "more chance earnings can surprise to the upside"? The sector knows what price the BMX auction is getting. It's not like market participants aren't going to know just because PLS isn't putting out an ASX release.
The timing of starting to not release BMX auction results doesn't look good. You can't sugar coat that. The last auction price was down and I'm willing to place quite a big bet that the next one will be lower. PLS are even holding off having an auction because the current environment isn't favourable for them to hold an auction. Dale even said that himself at the conference call.
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$2.88 |
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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2 | 8000 | 2.870 |
2 | 18200 | 2.860 |
4 | 108301 | 2.850 |
7 | 9788 | 2.840 |
12 | 431529 | 2.830 |
Price($) | Vol. | No. |
---|---|---|
2.890 | 377420 | 16 |
2.900 | 281097 | 40 |
2.910 | 54554 | 8 |
2.920 | 38478 | 9 |
2.930 | 90154 | 8 |
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