PLS 0.00% $2.85 pilbara minerals limited

Ann: JobKeeper Payments Notification, page-39

  1. 2,851 Posts.
    lightbulb Created with Sketch. 1312
    Well done you win the most stupid post of the day.
    Do you really think that the $1.9m of job keeper claims is the reason the share price jumped from around 45 cents to $2.44.
    The $1.9m was totally irrelevant and the share price increase was due to the lithium price increasing, market sentiment around climate change and the Posco deal.
    I totally get why they claimed it as things were not looking good at the start of the pandemic but now that things look very good they should pay it back.
    Large ethical funds are looking to invest in companies like pls so why risk them not investing in the company over such a small amount of money.
 
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