my napkin is showing us making our market cap in profit over the coming 2 years at current prices. The only thing bothering me about our current value is a lack of cash (on my part) to buy more.
Am I being optimistic in thinking we retain this pricing and our targets? Yes, but only by lack of contrary evidence.
With the current backlog of vehicles on order a recession will only speed up supply. It would take a massive correction to cause a glut. With fuel prices and inflation I just can't see us stopping the train.
As always I welcome correction as I have been wrong before.
* PLS WILL REACH - $5.27 - by 31 Dec 22. * - imo, page-210
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Last
$2.97 |
Change
-0.110(3.57%) |
Mkt cap ! $8.938B | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.11 | $2.93 | $115.5M | 38.55M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 559299 | $2.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.98 | 57535 | 4 |
View Market Depth
| Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |