May. 12 at 9:14 AM
$PSIX from
$82 down to
$42 (at time of writing).. Completely overdone and oversold. Q2 2026 margin improved against Q4 2025 and is expected to improve through the year. Stronger H2 guidance and stabilising margins means FY performance should improve vs Q1 anomaly. Increasing demand from data centres are going to be near to mid term catalyst.
A near 50% drop from yesterday's highs is absolutely bonkers.
These levels haven't been seen for a year.. And with an upside target of
$115 and beyond, this is a screaming buy for a recovery.
