PLS in the box seat today and just added nearly $1 billion to their mcap folks.
That is for a company that made $176m cash margin in the last reported quarter and incurred penalties of $44m or $176m annualised lost margin on sub sc6 grade
The market is obviously pricing in a huge sc6 price upside for PLS. Dale H already warned shorters
This is only good for laggard LTR. No penalties means comparably much more cash margin.
LTR presented yesterday at the BMO event, and must be busy answering inquiries now from current and prospective investors
ASX Today, page-38227
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Last
$1.29 |
Change
-0.043(3.20%) |
Mkt cap ! $3.103B | |||
| Open | High | Low | Value | Volume |
| $1.33 | $1.34 | $1.28 | $5.147M | 3.972M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 91284 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 50397 | 40 |
View Market Depth
| Last trade - 15.54pm 04/06/2024 (20 minute delay) ? |
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Last
$1.29 |
Change
-0.043 ( 2.99 %) |
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| Open | High | Low | Volume | ||
| $1.34 | $1.34 | $1.28 | 1484946 | ||
| Last updated 15.59pm 04/06/2024 ? | |||||
| LTR (ASX) Chart |