That "Sell" recommendation has a limited Use By date as GS rationalise their opinion purely on comparative measures (versus clearly weaker industry peers) and not on the merits of the PLS business as a standalone/ diversified producer (i.e. upstream and downstream operations).
This narrow view suits the GS narrative, but gives investors with a broader perspective an opportunity to capture shares in an industry leader at bargain prices.
When GS says it's a "Sell", I usually do the opposite.
Good News & Bad News, page-37571
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Last
$2.92 |
Change
-0.060(2.01%) |
Mkt cap ! $8.894B | |||
| Open | High | Low | Value | Volume |
| $3.00 | $3.01 | $2.91 | $68.57M | 23.32M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 33426 | $2.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.93 | 27520 | 3 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |