On that point, Wrogerz, one notes that BHP is currently negotiating the sale of its oil assets to Woodside for cool $20 billion. BHP have telegraphed that it wants to divest itself of all its fossil fuel operations, and has already sold out of its coal mines; keeping only thermal coal. It (BHP) has also said that it sees the writing on the wall with the changing energy paradigm and its aim is to become a good citizen miner with respect to climate change. That said, with plenty of cash in the till, particularly if the Woodside deal comes to fruition, then there is a good "possibility" that they might look at PLS as a "good citizen" buy.
Under the prevailing circumstances of climate change, their want to become a good citizen miner, their understanding of the electric/battery revolution in its early stages and $billions in cash to be redeployed - PLS would be a prime takeover target to fulfill the criteria at hand.
All they have to do is make us an offer too good to refuse - and the human nature of greed will see the majority of holders say: "Its a deal".
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$2.98 |
Change
-0.020(0.67%) |
Mkt cap ! $8.972B |
Open | High | Low | Value | Volume |
$2.92 | $2.98 | $2.90 | $38.78M | 13.16M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 15056 | $2.97 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.98 | 89928 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 11000 | 2.970 |
2 | 5067 | 2.960 |
1 | 7500 | 2.950 |
1 | 10000 | 2.940 |
4 | 11699 | 2.920 |
Price($) | Vol. | No. |
---|---|---|
2.980 | 31000 | 3 |
2.990 | 28400 | 2 |
3.000 | 113777 | 14 |
3.010 | 8821 | 3 |
3.020 | 135253 | 6 |
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