Something is brewing with this prolonged shorting and price activity.
A take over of sorts makes sense and it's something I raised initially when shorts originally jumped to 19% 12months ago.
I said yesterday $25B + would probably peak a lot of interest.
So your notion of $21B is in the ball park.
The current valuation while justified at the moment is ludicrous to the future valuation in my opinion.
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Last
$1.93 |
Change
0.030(1.58%) |
Mkt cap ! $6.194B | |||
| Open | High | Low | Value | Volume |
| $1.86 | $1.95 | $1.83 | $123.6M | 64.83M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 12680 | $1.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.93 | 111026 | 7 |
View Market Depth
| Last trade - 16.19pm 25/07/2025 (20 minute delay) ? |
| PLS (ASX) Chart |