PLS 2.06% $2.97 pilbara minerals limited

Ann: Results of BMX Auction, page-184

  1. pc3
    2,302 Posts.
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    I have them on ignore....but this is a ripper...I mean cash is keeping up with inflation right?

    Now for the average retail investor you cant buy enough PLS now to make it life changing, that was for those investing circa 2016 and earlier, but given where PLS is situated now, I grabbed a small parcel each of the last two pay for the following reasons;

    1. Dividends circa latter half 2023
    2. Capital growth....slower than when sp was under $1.00 but still sound growth to come
    3. Hedge against inflation
    4. Safe now for at least a decade...albeit a bit of volatility but if you can deal with that all good, it is the market as we know. But way less risk than when I first invested 2016
    5. Is sitting your cash in the bank any better

    I have my earlier "life leg up" parcel, any shares in PLS I purchase I make now is for a hedge against inflation and better returns than i'll get in a term deposit or even an ETF, once the dividends start;

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    Last edited by pc3: 22/09/22
 
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$2.97
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$2.96 $3.02 $2.93 $100.8M 33.97M

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No. Vol. Price($)
4 716181 $2.97
 

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Price($) Vol. No.
$2.98 235000 1
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