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
$2.94 |
Change
0.100(3.52%) |
Mkt cap ! $8.852B | |||
| Open | High | Low | Value | Volume |
| $2.85 | $2.96 | $2.80 | $78.99M | 27.23M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 82222 | $2.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.95 | 215192 | 10 |
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| Last trade - 16.10pm 21/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |