IGO does a 5c dividend for that lithium company and its share price is around $16 a share.
PLS dividend I suspect will be double that with 10c which has been my guess for months now.
Will be interesting if holders move across from IGO to PLS.
PLS dividends plan to be 20% to 30% of cash flow.
FMG still the best with near 80% of profits going into dividends.
PLS though more likely to double its share faster than FMG at this stage and I see PLS being over $20 a share
in the coming few years so a 4 fold increase in its share price.
I'll keep my FMG as when they start selling their green hydrogen and green steel their share price and dividends will be far larger.
I never like to have all my eggs in the one basket. Also have AKE and a few other shares.
Each to their own madness.
PLS chart, page-9967
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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 |