PNN 3.53% 8.8¢ power minerals limited

Ann: Results of Non Renounceable Entitlement Issue of Shares, page-13

  1. 5,439 Posts.
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    Its a bit of a quirk in Lithium stocks ATM.
    A number of stocks have a market cap a fraction of their resource NPV value.
    Either Share prices will need to catch up at some future point or Lithium prices will need to tumble in a big way.
    It will all sort itself out in due course.
 
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