Noone is perfect and we all make mistakes, but that has to be the worst investment thesis I have ever heard. Buying a company that you beleive will not only fail to increase revenue profiles but suffer massive drop in downstream spod price to levels which would decimate the industry in a near recession environment does not make sense. Luckily, there is no chance spod will return to that level anytime soon. A slight normalisation, yes but nowhere near those levels.
PLS chart, page-6861
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Last
$3.00 |
Change
0.060(2.04%) |
Mkt cap ! $9.032B | |||
| Open | High | Low | Value | Volume |
| $3.04 | $3.08 | $2.96 | $72.45M | 24.08M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 23223 | $2.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.00 | 132529 | 7 |
View Market Depth
| Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |