Hi Folks
It's a boring day just ahead of tomorrows March Quarterly report.
So I thought I would take just a quick look at the daily PLS chart.
Looks like a fairly simple ABC downward wave pattern that started in early March.
* Downward A-wave 19.5% drop.
* B-wave retracement bounce just beyond the 38% B-wave FIB retrace (fairly normal).
* C wave downward extention in early stages. A sustained drop below 3.70 will bring the potential C-wave extentions into play.
I did some quick modelling of my expectations of the main results of the quarterly report.
* I expect that Shipped 5.3% spod to be in the range 150-170K DMT, Last quarter 160K DMT.
* I expect that $US price for shipped 5.3% spod to be in the range $US 1,030 - 1,130, Last quarter $US 1,113
* Finally an estimate of $AUD revenue for the quarter. Last quarter Dec 2023 $AUD 264m, Last Mar quarter 2023 was $AUD 1,093m.
My estimate for the Mar quarter 2024 in the range $AUD 225 - 275m.
PLS $AUD revenue for the FY 2022/23 was 4.1B.
My expected PLS $AUD revenue for the FY 2023/24 is 1.4B. So about a third of the previous years revenue.
Just my opinions so DYOR.
We shall see shortly.
cheers Lies
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Last
$4.16 |
Change
-0.040(0.95%) |
Mkt cap ! $12.53B |
Open | High | Low | Value | Volume |
$4.18 | $4.19 | $4.13 | $64.06M | 15.39M |
Buyers (Bids)
No. | Vol. | Price($) |
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83 | 343880 | $4.15 |
Sellers (Offers)
Price($) | Vol. | No. |
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$4.16 | 29421 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 60778 | 4.160 |
69 | 365331 | 4.150 |
36 | 343559 | 4.140 |
30 | 168609 | 4.130 |
26 | 359060 | 4.120 |
Price($) | Vol. | No. |
---|---|---|
4.170 | 197780 | 61 |
4.180 | 184368 | 26 |
4.190 | 448494 | 36 |
4.200 | 642959 | 114 |
4.210 | 174244 | 18 |
Last trade - 14.54pm 21/05/2024 (20 minute delay) ? |
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Last
$4.16 |
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Change
-0.040 ( 0.52 %) |
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Open | High | Low | Volume | ||
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Last updated 15.12pm 21/05/2024 ? |
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