PLS 2.06% $2.97 pilbara minerals limited

Ann: June 2021 Quarterly Activities Report, page-72

  1. 18,581 Posts.
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    Hi sergsadag,
    I don’t know about ‘And -‘e-was-suddenly-much-
    maligned-rooo’,
    but there are multiple ways to trade and I reckon ‘swing trading’ is a logical way to add value
    - especially if one understands the choppy and seasonal nature of the stock market, knows a company well enough to have a sense for its’ individual rhythms, and its’ sector’s rhythms, and who watches closely, and is experienced!

    There is nothing wrong with harvesting fruit at peak season knowing it will grow again?

    And with PLS being one of the hardest worked (traded) stocks on the ASX in recent times there are plenty of institutions swinging in and out to the tune of millions of dollars a day.
    I am usually grateful to people who explain what they do and why - it is educational.

    The bit I don’t understand - and it seems widespread - is the expectation of higher spot pricing when the CFO said three months back he expected the average to come in at US$535 per tonne following POSITIVE renegotiations with contracted clients .

    cheers
    Last edited by sabine: 29/07/21
 
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