A company that weathers an 80% decrease in the sale price of their product over 12 months and still turns a profit is a keeper. PLS is in the process of doubling their output without having to borrow for capex. What's not to like.
Meanwhile BYD is setting off a bomb under ICE vehicle manufacturers with a mass of high quality competitors. Television has always been swimming with expensive ads by ice manufacturing monopolies. This will continue for a while as the ice folk try to shore up their cash cows, but the writing is on the wall and there is a white elephant in the room.
Good News & Bad News, page-42652
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Last
$3.07 |
Change
-0.190(5.83%) |
Mkt cap ! $9.239B | |||
| Open | High | Low | Value | Volume |
| $3.19 | $3.20 | $3.07 | $96.53M | 30.85M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 815921 | $3.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.08 | 309816 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PLS (ASX) Chart |