PLS 5.84% $2.90 pilbara minerals limited

Ann: BMX Pre-Auction Bid, page-143

  1. 5,742 Posts.
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    I am not sure if we keep guessing what happened. It could be a keen buyer want a sure buy and offer a much higher than anticipated price. With the lithium market does show some staiblisation, the auction bid will eventually be the same. So why not selling it to a keen buyer before auction just like it happens in the property market. Interestingly, so far other companies have not copied this auction for themselves. Probably they don't have a spare capacity and PLS has this spare capacity and reserved for future long term offtakes?
 
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$2.90
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0.160(5.84%)
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$2.83 $2.90 $2.80 $106.1M 37.06M

Buyers (Bids)

No. Vol. Price($)
3 325534 $2.89
 

Sellers (Offers)

Price($) Vol. No.
$2.90 158813 18
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