Because it provides a buffer for the company to survive however long this "bear market" lasts it also does play a part in holding up the share price knowing that company won't go to bust, if it comes to shareholders they will use the funds for their own personal use.
Also if there's truly other distressed assets out there worth M&A it means we can do it.
Good News & Bad News, page-43574
-
- There are more pages in this discussion • 1,008 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.89 |
Change
0.000(0.00%) |
Mkt cap ! $8.699B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 531 | $3.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.60 | 78846 | 1 |
View Market Depth
| Last trade - 09.39am 23/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |
Day chart unavailable