PLS 2.93% $2.98 pilbara minerals limited

Ann: Pilbara Minerals Equity Capital Raising, page-188

  1. 350 Posts.
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    This company is probably good for this country (future of renewable energy, mining industry etc). Probably not a good stock to pump $ in for retirees. I've got a lot of my wealth in this stock and losing quite abit, but I'm just chillin, as I'm only 26 years old.

    This Chinese conspiracy theory is a little far fetched. Surely they were one of the potential partners PLS was considering earlier on when the SP was higher. PLS simply didn't want to sell 50% at 40-50c. Selling at 30c for 9% to have the $ you need is better.

    They did the right thing given the circumstances this year, IMO.
 
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