I’d love to think that but a little voice keeps saying, “The maggots have capped this here for a few weeks to smash this down on the bad quarterly we all know is coming”.
Now a bad quarterly is subjective. I personally think any sort of positive cash flow is a positive. It’s not like the spod price is miraculously going to be high. We know they’ve shipped approx’ 160kt. All we want is plant running well, recoveries ok, P680 commissioning good, Posco Train 1 commissioning going well, cash costs ok, etc. etc.
Now if all these boxes are being ticked. PLS will be just fine and if another smash down in SP is managed by the maggots, I’ll turn up and play, as will many others.
BROKER DATA PILBARA - PLS, page-173
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Last
$3.17 |
Change
0.120(3.93%) |
Mkt cap ! $9.516B | |||
| Open | High | Low | Value | Volume |
| $3.21 | $3.26 | $3.08 | $60.56M | 19.14M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 120222 | $3.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.17 | 77018 | 22 |
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| Last trade - 14.20pm 07/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |