Actually when jobkeeper was announced 30 March the share price was 15c with a much lower float so market cap was less than 1/15th of current mc.
If you think 1.9m in cashflow to a negative yielding business didn't have any impact on share price, you need think deep and hard about your logic. Why don't you ask the employees to pay back their salaries?
If PLS ran out of cash and had no staff to progress with the projects do you really think we would be where we are right now?
Ann: JobKeeper Payments Notification, page-44
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Last
$2.85 |
Change
-0.030(1.04%) |
Mkt cap ! $8.582B | |||
| Open | High | Low | Value | Volume |
| $2.87 | $2.89 | $2.82 | $51.48M | 18.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6942 | $2.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.85 | 129885 | 1 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |