I think the PLS short is really not so much a comment on the business as on the Chinese economy.I used to see it with FMG,when negative news on China was about FMG would be shorted.NowI think the PLS short is a hedge on China….it used to be AKE as well but now the merger makes Pilbara an easier target to move the share price.
Pls shorted, page-5
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 (20min delay)
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Last
$4.06 |
Change
-0.010(0.25%) |
Mkt cap ! $12.21B | |||
| Open | High | Low | Value | Volume |
| $4.06 | $4.07 | $3.96 | $64.36M | 15.96M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1404 | $4.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.06 | 3400 | 1 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
$4.05 |
Change
-0.010 ( 0.64 %) |
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| Open | High | Low | Volume | ||
| $4.05 | $4.07 | $3.96 | 4355959 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| PLS (ASX) Chart |