IMO $8-12 is not an "if", its a "when".
If spodumene price doubles from here to about $2000 (it was 3 times that not long ago), they complete P1000, and take up the option of the extra % equity on POSCO....PLS will be swimming in money. So either the dividend will be extraordinary or they will be investing the money back into more growth or both.
2024 EOY Prediction $12.50, page-36
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Last
$3.11 |
Change
-0.090(2.81%) |
Mkt cap ! $9.360B | |||
| Open | High | Low | Value | Volume |
| $3.15 | $3.17 | $3.06 | $206.5M | 66.15M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 212414 | $3.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.12 | 1870994 | 18 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| PLS (ASX) Chart |