So Bell Potter has cut their spod price forecast for FY24 by 60% but only reduced their price target on PLS by 8%. That 60% spod price reduction is hitting the PLS bottom line. If Bell Potter were serious as a broker, they would be reducing their price forecast to something more realistic like <$2.50. But they obviously want to wait for the price to get there first before stating the bleeding obvious. Brokers are always playing catch up.
Good News & Bad News, page-37873
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Last
$2.67 |
Change
0.310(13.1%) |
Mkt cap ! $8.040B | |||
| Open | High | Low | Value | Volume |
| $2.55 | $2.77 | $2.53 | $172.5M | 64.79M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 295865 | $2.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.67 | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |