Surely the release of the Annual results will confirm that the company is in a very envious financial position.
It will confirm to all the large institutional investors and fund managers that PLS is destined to issue dividends next year, and is headed for the ASX Top 30. Yes That's right. The situ of it printing money is not likely to change. Praps managment will choose to issue a very modest dividend first up. like 5c.
SP: I can only guess where this will get by end FY. I have already had a stab @ $7. If it ends up being $6, well so what?
The stock market is a machine for transferring assets from the impatient to the patient.
Surely the release of the Annual results will confirm that the...
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Last
$2.86 |
Change
-0.200(6.54%) |
Mkt cap ! $8.608B | |||
| Open | High | Low | Value | Volume |
| $2.95 | $2.96 | $2.85 | $61.44M | 21.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 163532 | $2.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.87 | 44591 | 3 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |