PLS 2.81% $3.11 pilbara minerals limited

Ann: Dividend/Distribution - PLS, page-167

  1. 371 Posts.
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    Nothing new. We expected the dividend this year as communicated in the previous financial update.

    11cents not much. Company made profits due to peak lit spot prices however this has fallen 40% to date from peak. This also means we are expecting a poor growth and less profit in the next half. Market has already factored in the SP.

    I would be exiting today. In my model SP should fall back to $2.90
 
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