I fully agree with you, Tim. I read on Hot Copper (not PLS) some time ago these wise words (or similar): "The quickest way for a company to go broke is to expand too fast or into a business they know little or nothing about."
As to Calix, I rate this "high risk" as the technology has yet to be proven commercially. If the FID is approved, I hope the BOD sets a firm capital expense limit.
Cantankerous James
I fully agree with you, Tim. I read on Hot Copper (not PLS) some...
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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 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |