You are generally correct. Whats making people nervous is that profit doesn't equal cash flow. You can run out of cash and just have this beautiful P1000 machine sitting on the books as increased asset value.
News: PLS UPDATE 1-Pilbara Minerals' Q2 revenue halves, focuses on cutting costs, page-5
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Last
$3.05 |
Change
0.050(1.67%) |
Mkt cap ! $9.179B | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.12 | $3.03 | $45.56M | 14.88M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 262357 | $3.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.05 | 102070 | 12 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |