@Batman08
"Unfairness" ? It was a commercial decision. The deal didn't need to be signed. Both parties thought it was fair enough to sign. If spod price was currently at $400, would you then be calling for a change in deal to be fairer to PLL ? My guess your comment would be something along the lines of "they took a risk and it didn't pay off..."
Let's say you sold a house for 500k. Maybe because you had to, maybe because you wanted to. Doesn't matter.
Then let's say property prices went up 50% in 6 months. Would you go knock on the new owners door in an attempt to re-negotiate the contract ? No. because it would be silly, and legally you couldn't do it anyway.
That ceiling price of $900 stays unless PLL can get a better financial result out of a new deal. And at the moment, they can't, so nothing will happen (remember they have their shareholders and projects to look after also).
Ps: I hold a lot of my portfolio in SYA. I hold a pittance of PLL. It makes no difference though as I am only commenting on the deal without bias.
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Last
2.6¢ |
Change
0.002(8.33%) |
Mkt cap ! $267.6M |
Open | High | Low | Value | Volume |
2.4¢ | 2.6¢ | 2.4¢ | $200.7K | 8.029M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 9666492 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 10497931 | 48 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
27 | 9666492 | 0.025 |
49 | 8042245 | 0.024 |
52 | 15243146 | 0.023 |
60 | 11592086 | 0.022 |
37 | 8242810 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 10315341 | 47 |
0.027 | 37799697 | 25 |
0.028 | 5749425 | 31 |
0.029 | 6523031 | 18 |
0.030 | 16537138 | 32 |
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