You guys need to get with the program and live in reality rather than some fantasy land. Most of your predictions for the auction were well above the final price achieved.
Yesterday's pop in the share price was a short-lived phenomenon and it's now back to regularly programming. The vast majority of PLS's product is sold on a price derived from the spot price. And that price just tanked hardcore yesterday after the auction.
Remember that the 5kt sold yesterday is for delivery in the Dec quarter. So the market is inferring that it doesn't see much increase in the spod price between now and then.
Ann: Pre-auction Sale, page-98
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Last
$3.07 |
Change
0.090(3.02%) |
Mkt cap ! $9.197B | |||
| Open | High | Low | Value | Volume |
| $3.05 | $3.09 | $3.02 | $74.82M | 24.46M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 750 | $3.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.07 | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |