PLS 5.84% $2.90 pilbara minerals limited

Hancock Prospecting T/O of PLS?, page-14

  1. 717 Posts.
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    That would be a total travesty. We all know that PLS is worth much more than that- looking further ahead, the company that springs to mind for comparison purposes is FMG (and Twiggy had MUCH higher levels of debt to service). Dire straights for FMG at one point but look where they are now. That cockroach Hancock is more than capable of targeting and 'maximising' opportunities, just like the chinese, who are masters at distressing desirable assets and then trying to snap them up on the cheap (didn't work out too well this time for them though with AJM thanks to FIRB). My opinion only, but I think/hope KB and his team are much too astute to fall for that cow's tactics.
 
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