I don't know how you can say it doesn't warrant it. $4b in NET DEBT on a market cap of ~ $8b.
PLS doesn't have $1b you seem to be unable to understand what a credit facility is? $500m of $9b market cap is 5% dilution doofus.
We did the same thing picking up AJM for dirt cheap.
Good News & Bad News, page-45543
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Last
$2.92 |
Change
-0.080(2.67%) |
Mkt cap ! $8.836B | |||
| Open | High | Low | Value | Volume |
| $2.99 | $2.99 | $2.90 | $47.06M | 16.00M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8423 | $3.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.69 | 8333 | 2 |
View Market Depth
| Last trade - 15.59pm 29/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |