Dropping like a brick even after fantastic news.
PLS to be exporting one million tons a year from late 2023 so the stock falls hard.
One million tonnes at an expected $6000US/T is $6b revenue so why the plunge ?
Considering they'll be making profit of about $5b or so which means dividends will be 50c or more.
PLS chart, page-11269
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Last
$3.16 |
Change
0.170(5.69%) |
Mkt cap ! $9.515B | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.20 | $3.05 | $117.6M | 37.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 72180 | $3.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.17 | 222212 | 12 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |