Well Macq Bank don't agree with him.
Macq updated their PLS research today maintaining "Outperform" and a 12 month target of $1.20 ps. Their price catalysts are Stage 1 Production, Stage 2 DFS, and DSO coming on stream.
They refer to PLS as being "compelling" even based on their conservative costings.
Its a really positive report and whilst we all bagged Macq a while back for their negative attitude, that is certainly not the case today.
GLTA
Morgan Stanley beat Macquarie, page-40
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Last
$2.97 |
Change
-0.110(3.57%) |
Mkt cap ! $8.938B | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.11 | $2.93 | $115.5M | 38.55M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 559299 | $2.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.98 | 57535 | 4 |
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| Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |