they were taking advantage of high spod prices via CRs, etc. Everyone was throwing money at them.
That's why a lot of supply popped up.
Some have money, some can mothball, some can raise CR funds to stay afloat.
It's not so much about who has x amount or more money, but who is in better position to preserve capital, have lowest cost production, etc and outlast competition.
PLS chart, page-23054
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Last
$3.16 |
Change
-0.030(0.94%) |
Mkt cap ! $9.516B | |||
| Open | High | Low | Value | Volume |
| $3.17 | $3.19 | $3.06 | $50.14M | 15.97M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 49357 | $3.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.17 | 74794 | 5 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |