PLS 0.34% $2.99 pilbara minerals limited

Good News & Bad News, page-13817

  1. 852 Posts.
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    Just a reminder that the ASX 50 rebalance announcement is slated for 2.09.22, approximately 7 trading days. With the actual rebalance occurring two weeks later.

    Currently PLS sits 47th, however a reminder that this doesn't automatically include it in the index, as per S&P guidelines:
    https://hotcopper.com.au/data/attachments/4618/4618459-8cfeb0ae83c57a43db27a7de826f4a7d.jpg
    However at the end of the day S&P has complete discretion over additions and deletions.

    For PLS to get to 39th on the ASX market cap list (as at pre-market today), we'd need a market cap of $11 Billion - equating to an approximate $3.67 share price.

    I'm doubtful we'll make it to the ASX 50 this quarter, however am a lot more bullish for next quarter. More than happy to be proven wrong if we're included this quarter.

    AIMO DYOR.
 
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