Australia's largest stock trading and investment forum Australia's #1 stock forum

PLS

Click for more information

3.48%

$3.27 pilbara minerals limited

NPV vs Increasing Market Cap, page-15

First 15 Last

Share
Profile

Follow
sergsadag

808 Posts.

56

24/05/16

10:29

Post #: 17849275
Share

Originally posted by Quicksilvasurfa ↑

Yeah a couple of things. I have not been burnt on mining stock's in the past, in fact they are actually where I have made most of my money, but I have made that money by knowing the right and wrong times to be in a mining stock. I have a fair idea about mining, as I have been working in the industry for around 16 years, and am sitting in my office a mine site right now.

I agree with certain statements presented above, and I am not arguing that this business could not be worth a considerable amount in the future. I just think that we are disagreeing on timelines, and the things that happen between where the company is now, and where it may be in the future, with regards to valuations.

I believe even if PLS is highly successful, there will be times where the current market value is well above what it should be, and possibly well below what it should be. What I am saying, is that with 300 million shares hitting the market and the company value approaching $1 billion last week, imo it is overvalued at this point in time.

Expand

No wonder you lost money in your investment, you have no idea how to value a company.You better off be a surfer than an investor.

PLS Price at posting: 69.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

The iron ore comeback: Can it last?

HAS

Hastings progressing Yangibana to production with lower costs

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

ZNC

Zenith's sale of Develin Creek delivers $975K cash, with shares up 13%

There are more pages in this discussion • 58 more messages in this thread...

First 15 Last

Add PLS (ASX) to my watchlist

(20min delay)
Last $3.27		Change 0.110(3.48%)		Mkt cap ! $9.846B

Open	High	Low	Value	Volume
$3.22	$3.30	$3.21	$93.46M	28.68M

Buyers (Bids)

No.	Vol.	Price($)
2	29000	$3.26

Sellers (Offers)

Price($)	Vol.	No.
$3.27	20000	2

View Market Depth

No.	Vol.	Price($)
1	4000	3.260
9	170757	3.250
11	585822	3.240
12	332666	3.230
16	218800	3.220

Price($)	Vol.	No.
3.270	20000	2
3.280	42718	5
3.290	303441	19
3.300	204820	21
3.310	285912	27

Last trade - 16.10pm 30/09/2024 (20 minute delay)

PLS (ASX) Chart