PLS 2.04% $3.00 pilbara minerals limited

POST TRADING HALT - WHAT NEXT, page-491

  1. 3,740 Posts.
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    Have a look at my post above, they fell in August... Demand slump + oversupply, an ugly combo for risk averse investment bodies, hence PLS's difficulty in getting a cap raise away. Hindsight a wonderful thing but all these companies should have built much bigger war chests during the good times and not assumed that spod prices would boom continually. The oil industry shows that commodity price spikes are rarely if ever maintained.
 
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