I don't think people here even bother to read the financial statements.
An example is PLS paid $88m during the March quarter in respect of FY22.
At the end of Dec-22(H1FY23) PLS had a current liability of $576m in respect of tax and receivables of $303m. This tax is tax not yet paid. After the March quarter one can probably add another $200-$250m that has not yet been paid and the receivables will likely remain static. So deducting the $88m paid this quarter PLS still owes the ATO $700m-$750m. Deduct this from the bank balance to get an idea of a more accurate idea of the current financial state of PLS. There will also be receivables, but the point is one can't just look at one number and think that is what a company is worth. Anyway $2bn or more(maybe plus another $300m receivables) in current net assests is a nice number.
I don't think people here even bother to read the financial...
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Last
$3.24 |
Change
-0.080(2.41%) |
Mkt cap ! $9.751B | |||
| Open | High | Low | Value | Volume |
| $3.26 | $3.32 | $3.23 | $83.81M | 25.68M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 106287 | $3.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.25 | 157742 | 3 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$3.24 |
Change
-0.080 ( 2.40 %) |
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| Open | High | Low | Volume | ||
| $3.27 | $3.32 | $3.23 | 21533662 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| PLS (ASX) Chart |