I recall comparisons were made sometime back between Fortescue and PLS. Interesting in many ways, I’d love some expert comments regarding the similarities. I realise they are completely different companies with completely different end products but PLS reminds me of a young Fortescue.
Market Caps PLS $3 Billion Vs $68 Billion
Shares on offer almost identical around the 3 Billion.
Share price PLS $1 Vs $22
When Fortesques share price was hovering around $2 and $3 back in 2017-2019 they still had the 3 billion shares on offer. PLS has the same number of shares on offer.
With the EV evolution only just beginning, why can’t a PLS emulate a Fortescue and grow to a market cap of $30+ Billion and increase our share price to $10 plus?
Just a thought.
I recall comparisons were made sometime back between Fortescue...
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Last
$4.18 |
Change
0.120(2.96%) |
Mkt cap ! $12.58B | |||
| Open | High | Low | Value | Volume |
| $4.13 | $4.20 | $4.11 | $86.61M | 20.81M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1408666 | $4.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.19 | 165878 | 22 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$4.18 |
Change
0.120 ( 3.20 %) |
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| Open | High | Low | Volume | ||
| $4.12 | $4.20 | $4.12 | 4580071 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| PLS (ASX) Chart |