Sorry to hear it, but you are capping your losses at least. This could get much worse. The only reason I have not sold is that my investment is very small and I can tolerate the risk. We should know within 12 months if PLS is going to fail.
This quarterly just seems to confirm that management have no idea how to save this company. They are simply trudging forward, destroying shareholder capital and heading towards another capital raise just to keep the doors open.
The Chinese will be eager to take the asset and they have a good chance of getting it.
Ann: Quarterly Activities Report, page-47
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Last
$2.88 |
Change
-0.040(1.37%) |
Mkt cap ! $8.673B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $2.96 | $2.88 | $50.87M | 17.45M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 127610 | $2.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.90 | 103550 | 8 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |