Don't really see the issue. People seem to be way too short-sighted with this stock.
Yes pricing has softened and it's anticipated to be soft in the upcoming quarter; but we're still an extremely profitable company. If a downturn in price still sees us getting around 4k per ton, we're still a money printing machine regardless.
Then there's all of the plans coming together for downstream processing and increased production...
Ann: March 2023 Quarterly Activities Report, page-17
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Last
$2.80 |
Change
-0.030(1.06%) |
Mkt cap ! $8.429B | |||
| Open | High | Low | Value | Volume |
| $2.81 | $2.89 | $2.79 | $52.63M | 18.65M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 263602 | $2.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.82 | 8000 | 1 |
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| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |