Not that I think you're suggesting it, but why on earth would PLS do a capital raise with $3b in the bank? Average volume is about 30m shares traded, and approx 550m are currently shorted. I don't think they'd cover as easily as you think, especially in the scenario you have put forth. Then hypothetically think what if a higher offer was put forward after the $4.20, say, $4.50?.
I dunno, seems a bit odd imo.
Pls shorted, page-756
-
- There are more pages in this discussion • 121 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.88 |
Change
-0.040(1.37%) |
Mkt cap ! $8.673B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $2.96 | $2.88 | $50.87M | 17.45M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 127610 | $2.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.90 | 103550 | 8 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |