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$2.89 pilbara minerals limited

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702 Posts.

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27/06/19

14:19

Post #: 39268861
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Originally posted by Nolan78 ↑

Its only dropping like most shares because people are selling at a loss so they don't have to pay any tax.
Watch and learn. Tomorrow the shares will jump up quite a bit.

And if China and US agree to their deal then all shares will jump up quite a bit.

This happens every year at this time where people drop shares then wait a bit and on the last day or so before the end of the financial year they start buying up like no tomorrow. Its a global event. Look at the share graphs if you need further proof at the end of financial year.

Interest rates will drop which means people want money on their returns so they'll drift from money in the bank to shares where there are dividends like BHP, Rio, FMG, SVW etc...

I expect the shares to bounce back strongly tomorrow then next week to jump even higher.
Share price will be back at 80c before we know it.

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I imagine the buying will start, if it does, next financial year..not tomorrow as this would just cancel out any losses already sold.

PLS Price at posting: 54.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last $2.89		Change 0.040(1.40%)		Mkt cap ! $8.703B

Open	High	Low	Value	Volume
$2.78	$2.89	$2.78	$29.90M	10.51M

Buyers (Bids)

No.	Vol.	Price($)
2	39193	$2.88

Sellers (Offers)

Price($)	Vol.	No.
$2.89	73947	7

View Market Depth

No.	Vol.	Price($)
1	12642	2.850
3	20704	2.840
5	59753	2.830
3	3050	2.820
4	18626	2.810

Price($)	Vol.	No.
2.890	41382	3
2.900	70718	11
2.910	18569	3
2.920	8000	2
2.930	35285	4

Last trade - 16.10pm 01/11/2024 (20 minute delay)

PLS (ASX) Chart