Yep, and the hits keep coming ... this is an absolute disaster.
1. Unrealistic expectations of value from the board and management. When your consolidated customer base is telling you what they're willing to pay, you typically end up with what they offered. PLS have no bargaining power here, the company will be waited out and then offered less later..... muppets really.
2. Declining orders from "contracted" customers..... the contracts aren't worth the paper they're written on by the looks of it. Again, PLS have no bargaining power here, they are a price taker and have no power at all over their customer base.
3. Cash flow crunch is coming.... and unit costs will remain higher as inefficiencies are now expected due to lower volumes through our expensive plant......
I smell a cap raise looming in Q4.
Yep, and the hits keep coming ... this is an absolute...
-
- There are more pages in this discussion • 117 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.87 |
Change
-0.020(0.69%) |
Mkt cap ! $8.638B | |||
| Open | High | Low | Value | Volume |
| $2.79 | $2.92 | $2.78 | $84.74M | 29.64M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 173645 | $2.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.88 | 30000 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |