Perhaps most of the rise was yesterday. ? Leaky boat day.
So across the two days, we have SP up 25c. Which is sort of double what you gain in dividend by buying a share, with a short term intention to sell on or soon after Ex-dividend date. Actually what you gain, as tax is paid on your windfall is more like 15c. So, given the company's stellar half yearly, it may well hold value after that date, but dont bet on it. There's just one or two more trading days to acquire your holding and avoid paying out dividends to others if you are shorting.
Two things could happen to relieve tension on the general outlook. 1: Putin finishes his pointless war. 2: Carb and Hyrdoxide prices stop falling and start inching back up. The latter more likely than the former, but also not very likely as things are not too healthy in Chinese consumer sentiment, real estate etc etc. We'll be lucky to see $5 in the next few weeks.
PLS Price at posting:
$4.53 Sentiment: Buy Disclosure: Held
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