With the news from Chile, it is hard to see why a very undervalued huge lithium producer like PLS has not been hit with a cheap takeover offer (eg, around $7). In fact had it been made 2 weeks ago it may have succeeded, maybe not for 90% plus but possibly for 50% plus and control.
As things stand now, PLS will likely need a much bigger offer because everyone recognises the outstanding position it is in.
Good News & Bad News, page-27749
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Last
$2.90 |
Change
0.055(1.94%) |
Mkt cap ! $8.460B | |||
| Open | High | Low | Value | Volume |
| $2.85 | $2.90 | $2.80 | $22.21M | 7.841M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 131319 | $2.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.90 | 264491 | 39 |
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| Last trade - 11.49am 21/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |