Sandriver, over past decades many of the biggest, well-healed & highly regarded global companies involved in tobacco, IT/computers, travel (cruise ship & airlines), auto manufacture (inc GMH Holden only recently), retail chains, dairy/food have gone completely or are in their death throws. Why will the oil industry be any different, especially with a more practical, cheaper and cleaner alternative now arriving on the doorstep? Who would want to buy more shares & invest in big oil producers after seeing recent trends in fuel profits falling through the floor due to falling demand, over supply and EV take-up forecasts?
Oil companies have enjoyed a great run and support for a long time, but their very profitable time in the sun has come I suggest.
Stock Market Recovery - Lithium Boom Mach 2, page-45
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.05 |
Change
-0.100(3.17%) |
Mkt cap ! $9.185B | |||
| Open | High | Low | Value | Volume |
| $3.13 | $3.15 | $3.02 | $74.55M | 24.33M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 89482 | $3.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.05 | 37502 | 3 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |