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3.17%

$3.05 pilbara minerals limited

Ann: December 2022 Quarterly Activities Report, page-507

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Hittman

2,871 Posts.

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23/01/23

09:27

Post #: 65824537
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Originally posted by imback ↑

It won't be 20% given the improvement in cash flows since the original announcement and the $250M loan/grant from govt. Worse case, will be mid range of 25%. Macquarie predicted 30% on day one of that original announcement. In either the case,the pie is larger than originally envisaged, so it will not be an amount that will be non trivial for a shorter who hadn't calculated that risk until later in the year, not to mention a whole bunch of other funds that will would have been waiting for divvies before buying in. They now have a much smaller window to build their position. And I believe that is was one of the big reasons there was panic buying on Friday. I firmly believe current shorts have got this wrong and we could see this take off from here with only small pullbacks.

There's 3 billion shares, so plenty of ammo for any shorters to try and influence the price, but won't make sense if BEOT have decided the algo switch has been flipped to UP.

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Like everyone else here, I don't have a clue what it will be but I agree with the guesses of in the 10 to 20 cent range.

PLS Price at posting: $4.55 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $3.05		Change -0.100(3.17%)		Mkt cap ! $9.215B

Open	High	Low	Value	Volume
$3.13	$3.15	$3.02	$27.21M	8.877M

Buyers (Bids)

No.	Vol.	Price($)
27	128630	$3.05

Sellers (Offers)

Price($)	Vol.	No.
$3.06	166910	23

View Market Depth

No.	Vol.	Price($)
20	121579	3.050
26	277333	3.040
20	173260	3.030
42	462812	3.020
24	276020	3.010

Price($)	Vol.	No.
3.060	46890	12
3.070	274222	24
3.080	243682	15
3.090	58053	12
3.100	187378	16

Last trade - 11.42am 04/10/2024 (20 minute delay)

PLS (ASX) Chart