Interesting to note that it is the Chinese market and Chinese PLS customers that have forced the PLS share price down. It is now a major Chinese company that is able to pick up 8% and is able to:
- Have a director on the board; and
- Buy more shares at a very low price; and
- Position themselves to become a major shareholder at a relatively lower price than during the partnering process.
Who is in control? Hmmmmmm ........
I can reveal that I have lost a great deal on this stock and unfortunately still hold quite a few shares.
As a retiree I rely on share income so not a great investment for me. Not sure it is good for this country.
All IMO and DYOR. Hope it all works out in the end. Right now I think there are better investments available to me.
Ann: Pilbara Minerals Equity Capital Raising, page-185
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Last
$3.07 |
Change
0.090(3.02%) |
Mkt cap ! $9.242B | |||
| Open | High | Low | Value | Volume |
| $3.05 | $3.09 | $3.02 | $74.82M | 24.46M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 750 | $3.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.07 | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |