Perhaps, and there may be some instances you could get away with a regular price sensitive announcement. However I think it would depend on the "strength" of the BOA. The recent BOA announcement was for 40% of the product which is really significant to both the stock market and the lithium market (given that on-coming supply is already spoken for). I would imagine (and expect) any BOA for more than 10% of the product would result in the company entering into a TH.
The above is just my opinion, however the late buying today suggests something is on the horizon.
PLS chart, page-1740
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Last
$2.80 |
Change
-0.030(1.06%) |
Mkt cap ! $8.429B | |||
| Open | High | Low | Value | Volume |
| $2.81 | $2.89 | $2.79 | $52.63M | 18.65M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 263602 | $2.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.82 | 8000 | 1 |
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| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |