I would hope that once the profits start to roll in and we get debt under control, management will use cash to do an on market share buy back.
It would put a toe up the shorters backside and give long suffering holders a moment of joy.
I'm surprised PLS hasn't opted for share buy back and payed dividends in the past instead. At almost 20% short intrest they must be in despair, so do the right thing management buy those shares back and teach those bastads a lesson they will never forget.
LTR: Short squeeze coming for shorters - 2nd highest likelihood in all ASX, page-4655
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Last
74.0¢ |
Change
-0.030(3.90%) |
Mkt cap ! $1.794B | |||
| Open | High | Low | Value | Volume |
| 77.0¢ | 77.0¢ | 73.5¢ | $12.03M | 16.10M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 339920 | 74.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 74.5¢ | 109036 | 6 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| LTR (ASX) Chart |