The lower the SP goes the greater the chance of PLS being targeted for acquisition. All we have witnessed here is a short-term commodity price retracement which was not unexpected by the market. PLS remains an obvious takeover target due in part to its eye-watering $3.3 billion cash position, its single asset focus, and its strong operating and SP performance. Takeover interest would be growing the lower the SP goes.
GLTAH!
The lower the SP goes the greater the chance of PLS being...
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Last
$2.85 |
Change
-0.030(1.04%) |
Mkt cap ! $8.582B | |||
| Open | High | Low | Value | Volume |
| $2.87 | $2.89 | $2.82 | $51.48M | 18.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6942 | $2.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.85 | 129885 | 1 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |