Something is brewing with this prolonged shorting and price activity.
A take over of sorts makes sense and it's something I raised initially when shorts originally jumped to 19% 12months ago.
I said yesterday $25B + would probably peak a lot of interest.
So your notion of $21B is in the ball park.
The current valuation while justified at the moment is ludicrous to the future valuation in my opinion.
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Last
$1.71 |
Change
0.135(8.57%) |
Mkt cap ! $5.502B | |||
| Open | High | Low | Value | Volume |
| $1.67 | $1.73 | $1.63 | $146.9M | 86.89M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 95209 | $1.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.71 | 270706 | 3 |
View Market Depth
| Last trade - 16.19pm 18/07/2025 (20 minute delay) ? |
| PLS (ASX) Chart |