There will be no buyback. There is no reason to initiate one. There is plenty of M&A potential if PLS feel the need to tap into cash. 20-30% dividend is strategic so that the remaining funds can go to M&A, downstream, expansion etc.
I don't see many long term holders complain about manipulation of price. They are confident in their investment horizon.
Good News & Bad News, page-27033
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Last
$2.81 |
Change
-0.040(1.40%) |
Mkt cap ! $8.476B | |||
| Open | High | Low | Value | Volume |
| $2.83 | $2.92 | $2.81 | $22.21M | 7.763M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 171296 | $2.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.82 | 162909 | 31 |
View Market Depth
| Last trade - 13.54pm 18/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |