Why would you clamber for a partial sale at yearly SP lows, on an oversupplied market? Surely it is FAR better to wait out market conditions and look at funding expansion when there are people clambering for it next year when converter capacity expands.
I'll be pleased if PLS announce they are going to put negotiations for a sell down on hold (baring an unlikely deal equal to Wodinga sale)
1. I think it would be in the best interests of share holders.
2. I'll save up some ammo to buy more if the SP drops due to shrewd strategy being misread by the short-sighted.
Day to day discussions on S/P, page-13410
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Last
$2.95 |
Change
0.060(2.08%) |
Mkt cap ! $8.883B | |||
| Open | High | Low | Value | Volume |
| $2.91 | $2.95 | $2.80 | $37.16M | 12.90M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 145182 | $2.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.95 | 119681 | 14 |
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| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |