I suggest you refer to the timeframe of A2M (A2 Milk) on the ASX and see how the share price has gone up in the last 2 weeks - that too with significantly less revenue and profit than what PLS is expected to deliver.
Day to day discussions on S/P, page-216
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Last
$2.92 |
Change
-0.085(2.83%) |
Mkt cap ! $8.836B | |||
| Open | High | Low | Value | Volume |
| $2.99 | $2.99 | $2.90 | $40.28M | 13.68M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 195942 | $2.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.92 | 244717 | 51 |
View Market Depth
| Last trade - 14.57pm 29/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |