My take on the last 15 minutes of trading on PLS & the closing price action
1) Ex Dividend date on 05/09/2023
2) Today being 31/08/2023, gives us two more trading days till ex dividend
3) So more of Dividend based ETF's/Fund managers getting in prior to the Ex-dividend date, Dividend yield is alright at these prices
On Ex Dividend Date
1) Expect a sell off on the 05/09/2023 for the value of 14 cents plus the franking component of 6 cents - implying at least 20 cents dividend
There is no catalyst for the 9.26%, or 278Million Shorts to cover - only immediate news worthy event is the dividend - till then the shorts drive this lower
- Forums
- ASX - By Stock
- Good News & Bad News
My take on the last 15 minutes of trading on PLS & the closing...
-
- There are more pages in this discussion • 12,452 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PLS (ASX) to my watchlist
|
|||||
Last
$2.88 |
Change
-0.020(0.69%) |
Mkt cap ! $8.671B |
Open | High | Low | Value | Volume |
$2.87 | $2.93 | $2.84 | $50.85M | 17.65M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | $2.87 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.88 | 179945 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 37014 | 2.860 |
13 | 102725 | 2.850 |
18 | 728581 | 2.840 |
9 | 291841 | 2.830 |
13 | 367653 | 2.820 |
Price($) | Vol. | No. |
---|---|---|
2.880 | 179945 | 5 |
2.890 | 82500 | 7 |
2.900 | 303371 | 11 |
2.910 | 223362 | 8 |
2.920 | 274417 | 18 |
Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
Featured News
PLS (ASX) Chart |