It's not a cash cow relative to its market cap. A $10b market cap and spitting out less cash than you'd get if you put that $10b in a risk-free term deposit. Comparing it to peers is a mug's game. The market is looking at it from how much cash it's generating relative to its market cap, which is not an attractive proposition. Particularly if the supply glut lasts for quite a while, which many are now predicting.
Good News & Bad News, page-36359
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Last
$3.16 |
Change
0.170(5.69%) |
Mkt cap ! $9.515B | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.20 | $3.05 | $117.6M | 37.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 72180 | $3.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.17 | 222212 | 12 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |