Suspect we will get a good indication of whether the price has bottomed out today. Part of yesterday's SP increase would have been speculators looking for a quick profit on the back of plant performance turning around. Since that was not evident, they will exit and go elsewhere putting negative pressure on the SP. If it holds above its prior low, I think that is bullish for the share price.
Agree with your assessment on management's ability to identify and address issues. Notwithstanding, I don't think this will be perceived as a good report.
PLS upside 2020 and beyond, page-6
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Last
$3.11 |
Change
-0.090(2.81%) |
Mkt cap ! $9.360B | |||
| Open | High | Low | Value | Volume |
| $3.15 | $3.17 | $3.06 | $206.5M | 66.15M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 212414 | $3.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.12 | 1870994 | 18 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| PLS (ASX) Chart |