Mhh, all of us find shorter not cool for sure. But they are a...

Mhh, all of us find shorter not cool for sure. But they are a part of the system and PLS can't do anything. Share buyback? Mhhh, well you hit some of them, but for sure not all and would be a small impact.

but what pls can do is make sure they do their job to the best of their ability. Shorter are not the only "problem". We have seen a price slide of almost 70% in the last half year, the Ukraine war is massively impacting other economies and their financial capabilities, global inflation is right at the pain line with no end in sight, a growing problem in the china-taiwan conflict, the Middle East is allying economically and so on and so forth.

And PLS is supposed to make a report on shorter? Best still price-sensitive: "You are evil", go home!

No, under these circumstances, it is still going quite well, we slowly crawl up to the highest level, expand to P680 and P1000 is perhaps possible in early 2025. A trial with Calix is being worked on, which will hopefully bring another step towards horizontal integration. who knows, there may be more to come.

Sure, we'd all be happy to see a share price of A$7-8, but unless the world collapses, we'll definitely see it by the end of 2024. So be patient and let the shorter be shorter...