Interesting comment
What in your opinion would justify further short selling of this stock?
Over and above the quantities already shorted ?
What is the gain/loss risk assessment ?
If actual holders are simply reducing their involvement, what has changed since they bought?
Taking profits now would suggest you and they have no confidence in the future?
Where is the logic in selling now, versus at some future point?
Or even considering the option of never selling?
(While strong cash flows continue)
If buying previously was valid, why is it not valid now?
Absence of buying strength due to general economic factors is understandable
These can change at any stage, so why is that an issue when valuing future PLS earnings?
If the market price is based finally on future earnings, what other factors deserve more attention?
Wise holders of any stock should not be distracted by market noise ?
PLS chart, page-11614
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Last
$2.93 |
Change
-0.160(5.18%) |
Mkt cap ! $8.823B | |||
| Open | High | Low | Value | Volume |
| $3.05 | $3.08 | $2.91 | $69.76M | 23.57M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 294361 | $2.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.94 | 3706 | 2 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |