PLS 1.47% $3.11 pilbara minerals limited

Good News & Bad News, page-19889

  1. 4,805 Posts.
    lightbulb Created with Sketch. 1791

    Read the last quarterly Moon Rocket.
    We got ~ $4300 from memory, and spot prices have moved significantly from there. So we're expecting this quarter, and the next and the one after that to be north of $5000 give or take. I've used $5000 as an average across all of FY23, we've only had one quarterly out in FY23 so far.

    Bingo, hence why we're undervalued champ.

    Macquarie Bank thinks we're worth $7.x or something like that.

    Yes so why are you using FY22 figures, isn't the market forward looking?


    Last edited by sunnyaus: 12/12/22
 
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