PLS 5.69% $3.16 pilbara minerals limited

Ann: Placement to raise $2.5m, page-160

  1. 834 Posts.
    lightbulb Created with Sketch. 20
    Looking at the placement in its most simplistic way the investors who took the placement at 11 (with options) would, one would have thought, done their homework and perhaps were privy to an update from PLS as regards the future possibilities of the company and on their assessment would be looking for an excellent return on their investment - thus one would expect the SP over time to reward those investors and carry the likes of "us" along with them to future large profits provided "we" are prepared to be patient and hold.
 
watchlist Created with Sketch. Add PLS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.