I don't like shorts (hate with a passion- more to the point). Shorts create panic and for those retail investors who don't understand, shorts destroy wealth. I hold PLS, have done since mid 2016 calendar year. Have also held GXY since January 2016, which can say has been a rough ride to get to where they are today, one of the most shorted stocks on the ASX up until Sep 2017, and any shorts on GXY since have blown up.
While PLS may be overbought to some extent, to be short on PLS at this point in their development seems very brave.
PLS cash flow problem AFR article, page-53
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Last
$2.92 |
Change
0.070(2.46%) |
Mkt cap ! $8.793B | |||
| Open | High | Low | Value | Volume |
| $2.90 | $2.97 | $2.87 | $100.5M | 34.43M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 490422 | $2.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.93 | 56326 | 3 |
View Market Depth
| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |