PLS 6.54% $2.86 pilbara minerals limited

Tuesday 17/08/2021 - New shares being issued, page-38

  1. 5,560 Posts.
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    Partly, the reason I am on these PLS threads is to gauge conviction amongst the crowd.

    Ever heard of mimetic theory and the madness of crowds?

    When a holder gets 52 thumbs up for a post on Thursday that deems PLS $2.45 a buy, how certain the future is and how impossible the occurence of profit taking or a capital raising could be - says much.

    Come Friday, PLS announce payment in shares to Altura NoteHolders (why not? market Cap $7 Billion). Later, proposed date of issue is 17/08/2021. Price falls to $2.33.

    Ask yourself this: am I using my mind? Or am I being carried away with the crowd mind?

    Above is not financial advice and my opinion only.


 
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