It is for PLS and shareholders. Low prices cure low prices. Exhibit A, CXO. More production curtailment to come and back to the pricing curve scenario of a few years ago.
Projects now at risk. Many will be shelved. A few DLE plays spring to mind.
What I expect in the next price rise scenario. Prices not to reach the highs of late 2022. The lows not to reach this region again and LT contracts being locked in with floor levels.
It is for PLS and shareholders. Low prices cure low prices....
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.15 |
Change
-0.050(1.19%) |
Mkt cap ! $12.49B | |||
| Open | High | Low | Value | Volume |
| $4.18 | $4.19 | $4.13 | $81.93M | 19.69M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 45688 | $4.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.16 | 78493 | 3 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$4.16 |
Change
-0.050 ( 0.52 %) |
||||
| Open | High | Low | Volume | ||
| $4.19 | $4.19 | $4.13 | 3824343 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| PLS (ASX) Chart |