I agree with you that its about diversification and the PLS presentation is clear this is about serving the North American markets. Also expect IRS benefits for a Brazilian production base. Make a lot of sense, esp moving at low point in the cycle. Good move by PLS and they have form
PLS takeover for LRS is highly positive for WC8, page-6
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Last
30.5¢ |
Change
0.010(3.39%) |
Mkt cap ! $349.9M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 31.0¢ | 29.0¢ | $412.1K | 1.380M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3584 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 120 | 1 |
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| Last trade - 15.59pm 28/08/2024 (20 minute delay) ? |
| WC8 (ASX) Chart |