I just find it hard to believe the PLS share price is so low given what the future has in store.
My only guess is that we have over 50% of shares held in retail, most of whom will set their buys a pip or two below the going price (and mostly get it filled) and the institutions have not yet formed the belief that PLS is the real deal.
That leaves prospective buyers (of PLS in total) to short the price down (with the good wishes of those supposed to maintain an orderly market but actually couldn't care less about price manipulation by the big boys) in the hope of picking up a cheap Aussie asset worth many billions. I just hope the buyer is an Australian company or we (Australia) loses big on such a happening.
Good News & Bad News, page-29663
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Last
$3.00 |
Change
-0.050(1.64%) |
Mkt cap ! $9.029B | |||
| Open | High | Low | Value | Volume |
| $3.03 | $3.06 | $3.00 | $41.07M | 13.59M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 97 | 622937 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 580 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |