PLS 5.84% $2.90 pilbara minerals limited

PLS chart, page-9696

  1. 742 Posts.
    lightbulb Created with Sketch. 263
    Hi @h00ts, and regards.
    Never cease to be amazed at the huge swings in SP the big boys can cause.
    We have a significant gap from $5.27. With todays closing price of $4.83 there is a nice gain to be made by anyone accumulating stock given that the gap WILL close, and IMO well within the remaining 28 trading days before Christmas. We have 3 significant announcements imminent :-
    1) P1000 FID
    2) Calix demonstration plant.
    3) Capital management plan
    There is always room for a surprise announcement eg another Hydroxide Plant JV.
    Maybe the company has some news it can release tomorrow to stick it up the shorters? eg P680 project is running ahead of schedule.
    I'm naive, but why doesn't Macquarie suddenly wade into the market and be a heavy buyer?
    After all they recently provided credible research with an upgraded price target of (was it $7ish ? )
    IMO a great quick gain now -Christmas for anyone with cash.
    Cheers
 
watchlist Created with Sketch. Add PLS (ASX) to my watchlist
(20min delay)
Last
$2.90
Change
0.160(5.84%)
Mkt cap ! $8.731B
Open High Low Value Volume
$2.83 $2.90 $2.80 $106.1M 37.06M

Buyers (Bids)

No. Vol. Price($)
3 325534 $2.89
 

Sellers (Offers)

Price($) Vol. No.
$2.90 158813 18
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
PLS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.