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Frankhope

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28/12/22

12:24

Post #: 65458531
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Originally posted by teenar: ↑

Hi Frankhope.

What has happened to you is not unfamiliar to others.

Not long ago PLS went up to approximately $1.25 and then back down to circa 13.5c.

So, those that bought at the top then were in a similar situation to you, actually worse off.

Now they are close to three times that high.

To give yourself some peace it would pay to look at why you are in this sector and PLS in particular.

If you like the theme then hold if not, then sell.

Energy sector is transforming and PLS has grown from a speculative play to a tier 1 miner of a resource that is going to be in need for a long time with value added revenue streams to come on line, cost saving initiatives invested in for the ongoing future and further expansion of production and resource upgrades in the future, imo.

PLS is debt free and making money.

Good place to be as money managers are looking for companies like that to invest in…think healthy dividends.

The most important asset the company has is the management team as they have proved themselves up to the task through challenging times and hopefully will continue to do so in the future.

You can have the best resource in the world but if management is not up to the task then it is highly likely the company will struggle.

If you were looking to trade PLS then it hasn’t worked out very well.

Welcome to the stock market.

If you are looking to be a part of a long term investment that will soon provide an income stream and future share price appreciation imo, then welcome to PLS.

Ive said this before…if your in a boat and a storm hits then don’t jump out but hang on and ride it out.

Staying in the boat also protects you from being eaten by the sharks.

Calm seas and blue skies will once again appear, imo.

All the best.

T.

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thanks for taking the time for your post and yes I am in for the long haul, I hope you're right good luck to all

PLS Price at posting: $3.70 Sentiment: Hold Disclosure: Held
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Add PLS (ASX) to my watchlist

(20min delay)
Last $2.97		Change -0.015(0.50%)		Mkt cap ! $8.942B

Open	High	Low	Value	Volume
$2.95	$3.00	$2.93	$7.142M	2.406M

Buyers (Bids)

No.	Vol.	Price($)
37	190915	$2.96

Sellers (Offers)

Price($)	Vol.	No.
$2.97	68605	23

View Market Depth

No.	Vol.	Price($)
33	172296	2.960
20	261338	2.950
14	84422	2.940
15	149641	2.930
19	281854	2.920

Price($)	Vol.	No.
2.970	26816	16
2.980	82790	25
2.990	209309	13
3.000	315188	29
3.010	104652	11

Last trade - 10.52am 26/08/2024 (20 minute delay)

PLS (ASX) Chart

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