Hi lesv.
Here is an article explaining the reason for the scrambling as MinRes lithium holdings are being valued at around $10b stand alone which would augur well for PLS due to valuations on multiples.
With these sort of valuations then PLS has more to go and should be $6+ eoy, imo.
This is not financial advice but obviously as stated my opinions.
It may or may not happen.
https://apple.news/ADet-HrEZSdS4dpzXBwz9kg
T.
Good News & Bad News, page-14913
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Last
$2.98 |
Change
-0.030(1.00%) |
Mkt cap ! $8.974B | |||
| Open | High | Low | Value | Volume |
| $3.00 | $3.11 | $2.97 | $82.16M | 27.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 65571 | $2.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.99 | 7500 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |