@Batman08
"Unfairness" ? It was a commercial decision. The deal didn't need to be signed. Both parties thought it was fair enough to sign. If spod price was currently at $400, would you then be calling for a change in deal to be fairer to PLL ? My guess your comment would be something along the lines of "they took a risk and it didn't pay off..."
Let's say you sold a house for 500k. Maybe because you had to, maybe because you wanted to. Doesn't matter.
Then let's say property prices went up 50% in 6 months. Would you go knock on the new owners door in an attempt to re-negotiate the contract ? No. because it would be silly, and legally you couldn't do it anyway.
That ceiling price of $900 stays unless PLL can get a better financial result out of a new deal. And at the moment, they can't, so nothing will happen (remember they have their shareholders and projects to look after also).
Ps: I hold a lot of my portfolio in SYA. I hold a pittance of PLL. It makes no difference though as I am only commenting on the deal without bias.
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Last
3.0¢ |
Change
-0.001(3.23%) |
Mkt cap ! $308.7M |
Open | High | Low | Value | Volume |
3.0¢ | 3.1¢ | 3.0¢ | $655.3K | 21.50M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
131 | 33563667 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.1¢ | 503427 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
122 | 31389515 | 0.030 |
48 | 7665323 | 0.029 |
47 | 4292696 | 0.028 |
17 | 3625816 | 0.027 |
6 | 3768118 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.031 | 503427 | 5 |
0.032 | 5408251 | 27 |
0.033 | 4269484 | 22 |
0.034 | 8261043 | 26 |
0.035 | 11425516 | 35 |
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