Before the last announcement the stock was smashed hard then the announcement came and the stock rose from low $4 to $5.26 and now its on the way down again and may well drop below $4 then the Feb 24 announcement will come and it will shoot past $5 again.
Market manipulation going on and ASIC don't seem to care who is doing it.
If Mums and Dads band together to say they'll buy up shares to send the shares up then ASIC gets all upset and threatens to fine them yet does nothing with the large companies that short the hell out of PLS.
If there is a political party that would ban short selling I'd vote for them.
During a GFC they banned short selling for six months.
Always found it odd that people can sell something they do not own. Do that with anything else and end up behind bars.
Makes no bloody sense but thats the market vagries, page-7
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Last
$2.88 |
Change
0.210(7.87%) |
Mkt cap ! $8.672B | |||
| Open | High | Low | Value | Volume |
| $2.76 | $2.88 | $2.74 | $151.4M | 53.48M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8000 | $2.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.89 | 377420 | 16 |
View Market Depth
| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |