As I’ve been banging on about since KB sold his shares ... it’s all about yield! Get recovery north of 65% and all will be fine (even at US$500/mt for SP6). PLS can then just hold off expansion until demand/price suits.
However, if they keep running at 51% as per May/June and the SP6 price stays where it is or falls further .... it could be ugly as the only saviour would be a partner with deep pockets.
As I’ve been banging on about since KB sold his shares ... it’s...
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Last
$3.08 |
Change
0.075(2.50%) |
Mkt cap ! $9.270B | |||
| Open | High | Low | Value | Volume |
| $3.06 | $3.11 | $3.05 | $31.21M | 10.14M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 109446 | $3.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.08 | 296216 | 56 |
View Market Depth
| Last trade - 12.44pm 17/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |