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
$3.00 |
Change
0.060(2.04%) |
Mkt cap ! $9.045B | |||
| Open | High | Low | Value | Volume |
| $3.01 | $3.04 | $2.96 | $37.69M | 12.54M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 88149 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 284461 | 66 |
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| Last trade - 13.54pm 11/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |