Have a look at my post above, they fell in August... Demand slump + oversupply, an ugly combo for risk averse investment bodies, hence PLS's difficulty in getting a cap raise away. Hindsight a wonderful thing but all these companies should have built much bigger war chests during the good times and not assumed that spod prices would boom continually. The oil industry shows that commodity price spikes are rarely if ever maintained.
Have a look at my post above, they fell in August... Demand...
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Last
$2.89 |
Change
0.040(1.40%) |
Mkt cap ! $8.703B | |||
| Open | High | Low | Value | Volume |
| $2.78 | $2.89 | $2.78 | $29.90M | 10.51M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 39193 | $2.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.89 | 73947 | 7 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |