Your calculation looks to me like you have divided $250 million by 85c and multiplied by the $2.50 expected price in due course. All I am saying is that if you try to spend $250 million you will only get a few at 85c and the share price would quickly rise towards true value for additional purchases after those first few. BUT, yes, 85c is a great bargain (IMO). - and I am trying to take advantage of it as we speak.
Wodgina just sold 50% for $1.6bA, page-129
-
- There are more pages in this discussion • 144 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.67 |
Change
-0.010(0.37%) |
Mkt cap ! $8.040B | |||
| Open | High | Low | Value | Volume |
| $2.64 | $2.72 | $2.63 | $51.42M | 18.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 28879 | $2.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.68 | 287620 | 11 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |