That's part of my contention as to why PLS is frothy.
EVN is around $7.8 billion market cap and they can raise $550 million at 3% due 2028.
PLS is around $7 billion and as you say, maybe don't have $120million cash..
Above is my opinion only and not financial advice.
That's part of my contention as to why PLS is frothy.EVN is...
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Last
$2.75 |
Change
-0.090(3.17%) |
Mkt cap ! $8.279B | |||
| Open | High | Low | Value | Volume |
| $2.83 | $2.83 | $2.74 | $55.00M | 19.77M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 281921 | $2.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.77 | 221281 | 8 |
View Market Depth
| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |