I take a contrarian view. PLS has been in sell off mode for a few days. Some investors/holders will be shaken/rattled by the brutal sell off. What today's announcement can do is put a floor on the sp. We could well be at 69-70 in the absence of the announcement, so the announcement has most likely stopped the rot and game playing. Also, let's not forget the trajectory is still up which says to me the nervousness will soon disappear as the sp consolidates around current levels and the next leg up should see us breach the magical $1 mark. Just my thoughts.
are we in TH?, page-5
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Last
$2.98 |
Change
0.110(3.83%) |
Mkt cap ! $8.969B | |||
| Open | High | Low | Value | Volume |
| $2.99 | $3.10 | $2.95 | $98.90M | 32.90M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 16986 | $2.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.98 | 175531 | 5 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |