In the short term, PLS' market cap will align to its peers (e.g. ORE and GXY), so we're looking at a SP of between 55-63c.
As I said in an earlier post, next year when there is a history of profit and analysts can apply their various formulas and algorithms, the SP should undergo a significant re-rating upwards. Until then, best not to look at the SP and put it in the bottom drawer.
Day to day discussions on S/P, page-6266
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Last
$3.07 |
Change
0.090(3.02%) |
Mkt cap ! $9.197B | |||
| Open | High | Low | Value | Volume |
| $3.05 | $3.09 | $3.02 | $74.82M | 24.46M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 750 | $3.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.07 | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |