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.
IMO $8-12 is not an "if", its a "when". If spodumene price...
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Last
$2.89 |
Change
0.040(1.40%) |
Mkt cap ! $8.703B | |||
| Open | High | Low | Value | Volume |
| $2.78 | $2.89 | $2.78 | $29.90M | 10.51M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 39193 | $2.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.89 | 73947 | 7 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |