Many theories have been put forward as to why the PLS sp has been dropping. Most have some truth, are beyond our control and will take some time for PLS to work through.
A bigger concern for me relates to the PLS current Cash Flow position due to the following: .Reduced sales.Expenditure $80m per quarter.
Little cash on hand. Loan fully drawn.
PLS uegently needs a satisfactory partial sale of the mine as planned OR a take over OR a cash raising from us share holders OR increased loan facility.
Ignore Cash Flow at your peril !!!!
All this is In My Opinion Only. Look forward to opinions from other invested PLS supporters who have read previous PLS accounting reports. (Trolls need not comment)
Day to day discussions on S/P, page-13815
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Last
$3.05 |
Change
-0.100(3.17%) |
Mkt cap ! $9.185B | |||
| Open | High | Low | Value | Volume |
| $3.13 | $3.15 | $3.02 | $74.55M | 24.33M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 89482 | $3.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.05 | 37502 | 3 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |