Agree dfs1, i agree that PLS being in a growth sector and being a pure player with growth initiatives in a product that has muliti-year if not decade long deficits lined up deserves a higher P/E. Those earnings will be put to good use with divvies and allocated to other cash generating assets in years to come.
Just stating that the current P/E is around 6 - 8 depending on where earnings land because the E needs to factor in tax. This doesn't mean that's the P/E PLS deserves
Agree dfs1, i agree that PLS being in a growth sector and being...
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Last
$2.91 |
Change
-0.090(3.00%) |
Mkt cap ! $8.761B | |||
| Open | High | Low | Value | Volume |
| $2.99 | $2.99 | $2.90 | $69.17M | 23.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 68954 | $2.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.92 | 1712 | 1 |
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| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |