I think you guys are reading too much into AustralianSuper's position in PLS. AustralianSuper manages ~$350 billion. AustralianSuper's position in PLS equates to something like 0.2% of its total funds. It's small change for them. To put it into perspective, a person earning $100k would spend 0.2% of their income by taking their family out to a half-decent restaurant. It's such a tiny amount.
A large chunk of AustralianSuper's funds are probably hugging indexes (ASX200, etc.), which means as they get more inflows, they need to increase their positions in companies accordingly. This would be exacerbated moreso by investment parameters that don't allow them to invest in things that are anti-climate, such as oil and coal.
And your comment about "Maybe even a dividend". You're in fantasy land if you think the company will announce a dividend in the upcoming report. It's not going to happen. End of story.
Ann: Change in substantial holding, page-18
-
- There are more pages in this discussion • 1 more message 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 |