I agree with you that its about diversification and the PLS presentation is clear this is about serving the North American markets. Also expect IRS benefits for a Brazilian production base. Make a lot of sense, esp moving at low point in the cycle. Good move by PLS and they have form
PLS takeover for LRS is highly positive for WC8, page-6
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Last
27.0¢ |
Change
0.020(8.00%) |
Mkt cap ! $330.4M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 27.8¢ | 25.8¢ | $1.655M | 6.201M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 62536 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 23968 | 2 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| WC8 (ASX) Chart |