I think you will find that a lot of the selling is smallish short trading duping the so called "weak hands" into selling so the short sellers can gradually unwind at lower prices. It really is a straightforward case of fraud that the authorities are quite happy for their mates to use to avoid big losses.
PLS chart, page-23164
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 (20min delay)
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Last
$3.14 |
Change
0.150(5.02%) |
Mkt cap ! $9.365B | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.20 | $3.05 | $59.74M | 19.17M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 170467 | $3.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.14 | 49966 | 14 |
View Market Depth
| Last trade - 12.26pm 27/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |