Yep, March quarter was the low of the parabola of sales prices. Still made positive cash flow from ops whilst others have probably shelved production, adding to supply/demand imbalances to fuel further price increases. Should be looking at close to December numbers for next quarter and moving on from there.
I wonder how many will sell today on the lowest positive cash flow quarter this company will see for the foreseeable future? There's 643M shares betting on it. Not sure even BEOT can generate that kind of volume over the next few days as the market digests the reality of the worst of spod pricing in the rear view mirror.
Yep, March quarter was the low of the parabola of sales prices....
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Last
$4.18 |
Change
0.120(2.96%) |
Mkt cap ! $12.58B | |||
| Open | High | Low | Value | Volume |
| $4.13 | $4.20 | $4.11 | $86.61M | 20.81M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1408666 | $4.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.19 | 165878 | 22 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$4.18 |
Change
0.120 ( 3.20 %) |
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| Open | High | Low | Volume | ||
| $4.12 | $4.20 | $4.12 | 4580071 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| PLS (ASX) Chart |