Anyone, everyone please learn to comprehend what you are reading and learn context. NEVER single out a single line without understanding context that it was written.
The comment was it could flirt with the $20 level but the $15 level is the assigned value given.
$20 level appears in the chart based on a higher $ level received for product.
Reasons we COULD flirt with $20 are, more money for product.
SP exuberance, sometimes SP runs higher than true value
If we get around $6B in revenue and dividend plan is 50% then $3B in dividends is $1 a share. (Round figures guys)
$20 share yielding 5% is $1 which is not a bad return. Yield hunters would pay a premium for a decent yield.
PLS chart, page-8662
-
- There are more pages in this discussion • 13,837 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.06 |
Change
0.040(1.32%) |
Mkt cap ! $9.210B | |||
| Open | High | Low | Value | Volume |
| $3.04 | $3.12 | $3.02 | $47.88M | 15.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 321604 | $3.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.07 | 269930 | 12 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |