Very soon we are looking at 300M new shares purchased at 36c. Depending on when the record date will be, this means that after the record date, you could sell 1/7 of your holding knowing you are getting it all back again at 36c. There is potential for a lot of profit taking. In the past during capital raises the PLS SP has always gone either side of the Issue Price of newly issued shares by more than 10-15%. This would put the trading range between 31-41 in the weeks prior to and following the issue of new Shares. If you can sell now and buy back 36c. That aint a bad strategy for those without extra funds to buy 1/7 of their current holding.
- Forums
- ASX - By Stock
- PLS
- Good News & Bad News
Good News & Bad News, page-7634
-
- There are more pages in this discussion • 3,581 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PLS (ASX) to my watchlist
(20min delay)
|
|||||
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. |
---|---|---|
$3.05 | 37502 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 89482 | 3.040 |
6 | 31294 | 3.030 |
20 | 208232 | 3.020 |
16 | 406489 | 3.010 |
68 | 314428 | 3.000 |
Price($) | Vol. | No. |
---|---|---|
3.050 | 21000 | 2 |
3.060 | 10330 | 1 |
3.070 | 79133 | 7 |
3.080 | 148351 | 10 |
3.090 | 60000 | 4 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
PLS (ASX) Chart |