It obviously needs to hold the current levels. I'm amazed the market still thinks it's worth $10.5b given how much profits are going to fall off a cliff. One of the most (if not most) expensive stocks in the ASX 100.
Perhaps market is waiting for the quarterly later in the month before giving this stock the flick? The only saving grace for holders is that it's so highly shorted, so you won't have that as ammunition to fuel the next leg down.
PLS chart, page-20439
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Last
$2.88 |
Change
-0.040(1.37%) |
Mkt cap ! $8.673B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $2.96 | $2.88 | $50.87M | 17.45M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 127610 | $2.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.90 | 103550 | 8 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |