In that case what it will do for PLS is the following:
- Line of credit ensures that we don't use our cash for CAPEX
- That would free up cash for other projects whether they are expansion, exploration or buy out a company with oftake agreement but no production yet, or interesting area to explore, etc...
- Interest Rate will be low and will anyway be deductible from taxable profit
- The name of the game for PLS from now on could be to use internal growth to fuel external growth
In that case what it will do for PLS is the following:- Line of...
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Last
$3.81 |
Change
-0.070(1.80%) |
Mkt cap ! $11.39B | |||
| Open | High | Low | Value | Volume |
| $3.82 | $3.84 | $3.76 | $52.19M | 13.72M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 63 | 319376 | $3.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.81 | 169633 | 36 |
View Market Depth
| Last trade - 13.40pm 30/05/2024 (20 minute delay) ? |
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Last
$3.81 |
Change
-0.070 ( 1.94 %) |
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| Open | High | Low | Volume | ||
| $3.82 | $3.84 | $3.76 | 4548468 | ||
| Last updated 14.00pm 30/05/2024 ? | |||||
| PLS (ASX) Chart |