Well the market is pricing PLS as if spod is above US$3k/t. Benchmark Minerals are the latest to cut their price forecast. They're forecasting spod to be in the low to mid teens in the medium term. If that's the case, no matter how you slice and dice your numbers, the current $13b market cap is going to get chopped in half and PLS will be sub $2. PLS is ridiculously expensive based on all these new forecasts. I'd love to see someone show me some figures that actually justifies the current valuation with spod in the low to mid teens. And not with some ridiculous PE of 20+ as some boffins think it should be valued on.
Well the market is pricing PLS as if spod is above US$3k/t....
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Last
$4.18 |
Change
0.120(2.96%) |
Mkt cap ! $12.58B | |||
| Open | High | Low | Value | Volume |
| $4.13 | $4.20 | $4.11 | $86.61M | 20.81M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1408666 | $4.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.19 | 165878 | 22 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$4.18 |
Change
0.120 ( 3.20 %) |
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| Open | High | Low | Volume | ||
| $4.12 | $4.20 | $4.12 | 4580071 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| PLS (ASX) Chart |