Why to sell 49% of the company, at poor valuations, if you don't need 300M ? Under current environment you sell just what's needed to survive ( as you would do with your Super when retired under bear market conditions), then start getting positive results: higher recoveries and lower production costs, regular shippings to offtakers, good quality product, etc and the share price will lock after itself.
Ann: Pilbara Minerals Equity Capital Raising, page-181
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Last
$2.89 |
Change
-0.010(0.34%) |
Mkt cap ! $8.732B | |||
| Open | High | Low | Value | Volume |
| $2.90 | $2.92 | $2.89 | $4.633M | 1.596M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 102743 | $2.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.89 | 49664 | 23 |
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| PLS (ASX) Chart |