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$3.90 pilbara minerals limited

The best idea I have read here yet. Imagine the benefit to the...

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plillec

154 Posts.

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16/06/22

21:13

Post #: 62044351
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Originally posted by peterb46: ↑

When I held FMG, years ago, the share price was being "played" similarly to what PLS and many others are today. FMG announced a $500m flexible share buy back. They appointed professionals to administer same. It's purpose was, in my words, to come to the aid of the share price when it was being subjected to the games that they play. In my opinion it worked brilliantly. Nothing like $500m was required to achieve the desired result and the arrangement was continued in later years. The share price stopped being smashed and the shareholders slept a lot sounder knowing the cavalry were available if needed.

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The best idea I have read here yet. Imagine the benefit to the share price over the last week if there was spare cash for company buy back.

PLS Price at posting: $2.13 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $3.90		Change -0.040(1.02%)		Mkt cap ! $11.73B

Open	High	Low	Value	Volume
$3.98	$3.99	$3.89	$58.41M	14.91M

Buyers (Bids)

No.	Vol.	Price($)
7	49303	$3.90

Sellers (Offers)

Price($)	Vol.	No.
$3.91	30650	5

View Market Depth

No.	Vol.	Price($)
7	49303	3.900
29	239904	3.890
31	309611	3.880
14	190120	3.870
19	59829	3.860

Price($)	Vol.	No.
3.910	30650	5
3.920	163284	12
3.930	85705	6
3.940	163507	8
3.950	102943	9

Last trade - 16.10pm 27/05/2024 (20 minute delay)


Last $3.90			Change -0.040 ( 0.79 %)
Open	High		Low	Volume
$3.98	$3.98		$3.89	3576968
Last updated 15.59pm 27/05/2024 ?

PLS (ASX) Chart