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.
In the short term, PLS' market cap will align to its peers (e.g....
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Last
$3.06 |
Change
0.040(1.32%) |
Mkt cap ! $9.210B | |||
| Open | High | Low | Value | Volume |
| $3.04 | $3.12 | $3.02 | $47.88M | 15.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 321604 | $3.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.07 | 269930 | 12 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |