I've been a strong critic in the past of PIL ...... and for good reason l believe .
Meanwhile have kept myself well updated . ( as l do with most stocks l follow )
AI. in the right hands and used with smart focus will a accelerate progression much much more and faster than most people can imagine.
PIL presumably have picked up a great " knowledge asset " by their recent acquisition.
Yes their costs will increase dramatically .....however if all their other stuff has a reasonable foundation ..... then the AI asset might well provide huge leverage to all facets .
Sure PIl will need more capital . But such raises may be at significantly higher prices than their historical highs over the last few years .
On another note income from PIL s. activities have been negligible to date and the Dec Qtr is no exception .
GlTAH
I've been a strong critic in the past of PIL ...... and for good...
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Last
1.3¢ |
Change
-0.001(7.14%) |
Mkt cap ! $27.57M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.2¢ | $108.5K | 8.458M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 13577678 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 416666 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| PIL (ASX) Chart |