Weird logic there guy. Seems better to short PLS considering it has a ridiculously inflated P/E of 30 with a NEGATIVE annual profit growth of 89%.
It is also now achieving the worst sales prices among its peers and has $1B in debt and an extra $500M in dilution coming for a project that will likely not begin construction for years if ever.
The bags left to be made here are on the way down clearly.
Good News & Bad News, page-45439
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Last
$3.00 |
Change
0.050(1.69%) |
Mkt cap ! $9.034B | |||
| Open | High | Low | Value | Volume |
| $2.92 | $3.04 | $2.92 | $45.62M | 15.23M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 345887 | $2.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 35013 | 5 |
View Market Depth
| Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |