Hello Wokk1. Good to see another poster wanting to invest in PLS. Just 3 months ago another poster was asking similar questions. The SP had surged to the mid 50's and he was asking should he wait for the possible retrace to get in? Am not sure if he is still waiting.
You want to pick the cyclical bottom. I guess that is normal. But no one knows what that is. It could be $1.12.
The company will be making a profit later on in 2018 when reaching name plate production of 2mt per annum. This should be good enough to support a $2.00 share IMO. We also have drilling Francisco to start in June plus many other goodies to be announced. I hope this helps in your decision making process.
Is Pls still worth buying, page-79
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Last
$2.90 |
Change
0.160(5.84%) |
Mkt cap ! $8.731B | |||
| Open | High | Low | Value | Volume |
| $2.83 | $2.90 | $2.80 | $106.1M | 37.06M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 325534 | $2.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.90 | 158813 | 18 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |