Honestly you people need to stop and think a bit more.
^that was written 100 years ago and is even more true in today's liquid markets
Replace "insiders" with "funds/instos" in the above and think for a minute. There are funds/instos out there with $TRILLIONS to invest and always on the look out for opportunity, if someone sold PLS down to below it's fair value they'd be loading up and anyone selling it down would either lose their position for no good reason or find themselves being squeezed out of their short.
The market is NOT some big conspiracy, just accept that you have been wrong about the fundamental situation
Honestly you people need to stop and think a bit more. [ATTACH]...
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Last
$2.99 |
Change
0.040(1.36%) |
Mkt cap ! $9.003B | |||
| Open | High | Low | Value | Volume |
| $2.88 | $3.02 | $2.86 | $70.15M | 23.88M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8500 | $2.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.00 | 315120 | 8 |
View Market Depth
| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |