What's going on here!
$50M in 3 years, ontop of other existing deals, and the market is still in tax-loss / lock-in profits mode.
I can understand that many investors have made substantial losses on PLT over the years, and its a good time to post the tax-loss, or alternately to lock in the profits if you bought in the last year.
Buy were are the buyers?!!! They should be falling over themselves to get heaps of stock at these cheap prices. I would have thought 70c to 80c would be realistic in the short term, with 90c to $1 not too far away.
Until yesterday I considered myself a holder, but I couldn't believe the price given the news, and had to top up. If it goes any lower today I think I'll have to try to find some more $$$ to invest ...
where are the buyers
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Last
72.0¢ |
Change
-0.070(8.86%) |
Mkt cap ! $126.2M | |||
| Open | High | Low | Value | Volume |
| 77.5¢ | 78.0¢ | 71.3¢ | $57.30K | 76.14K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17352 | 70.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 74.0¢ | 7914 | 1 |
View Market Depth
| Last trade - 13.35pm 01/07/2024 (20 minute delay) ? |
| PLT (ASX) Chart |