PLS Group share price: why ASX:PLS slid on its quarterly update — and what to watch next week
PLS Group shares fell 6.5% to A$4.29 Friday after a major shareholder, GFL International, sold 32.19 million shares in a block trade. The company posted a 49% revenue jump to A$373 million last quarter, with lithium prices surging but unit costs up 8%. The board will decide by March on restarting the Ngungaju plant, which could resume output within four months.