Ann: Notification of release of securities from escrow, page-5

First 5 Last

Share
Profile

Follow
Pezz69

5,788 Posts.

2133

01/05/25

08:45

Post #: 78872807
Share

Originally posted by Andyrooo: ↑

Yeah thanks for that. I just saw the 560 and immediately thought of the acquisition price of A$560m. It would appear most shares allotted were available for sale soon after.

I just feel this goes a long way to explain the fall in the SP. Of course the price of SC6 has fallen but not as badly as the PLS SP.

One less thing to worry about.

The optimisation and ramp up of the P1000 Project cannot be underestimated. Spodumene markets will balance and when that occurs, production will justify a higher SP. Ngungaju restart will add another 150-200ktpa and LRS 400-500ktpa starting up next year.

I was also concerned about the US earnings season that started last night. The Q1 was before Liberation Day so it wasn't quite the results that concerned me but moreso future guidance.

Lower Oil prices and Ukraine looking to sign a peace deal are all positives for the World Economy. The US Economy is still taking its medicine and Q2 will be rocky.

Expand

LRS starting next year???

PLS Price at posting: $1.51 Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

THL

Today's top gainer stock isn't an energy player. Here's what's going on

Monday's HotCopper trends: 4DS falls short, $30B bid for Santos | June 16, 2025

RC1

Redcastle teams up with Terra Mining to get revenue flowing at Redcastle Reef, Queen Alexandra projects

NUZ

This stock is crafting a cure for Huntington's – and it's making progress

First 5 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last $1.32		Change -0.030(2.23%)		Mkt cap ! $4.183B

Open	High	Low	Value	Volume
$1.32	$1.37	$1.29	$45.66M	34.31M

Buyers (Bids)

No.	Vol.	Price($)
45	221173	$1.31

Sellers (Offers)

Price($)	Vol.	No.
$1.32	278103	31

View Market Depth

No.	Vol.	Price($)
23	107354	1.305
41	406090	1.300
27	616884	1.295
69	736116	1.290
23	481760	1.285

Price($)	Vol.	No.
1.310	248377	38
1.315	484031	26
1.320	965066	17
1.325	395368	16
1.330	130529	10

Last trade - 15.34pm 16/06/2025 (20 minute delay)

PLS (ASX) Chart

Ann: Notification of release of securities from escrow, page-5

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Today's top gainer stock isn't an energy player. Here's what's going on

Monday's HotCopper trends: 4DS falls short, $30B bid for Santos | June 16, 2025

Redcastle teams up with Terra Mining to get revenue flowing at Redcastle Reef, Queen Alexandra projects

This stock is crafting a cure for Huntington's – and it's making progress

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Notification of release of securities from escrow, page-5

Top Stories

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Today's top gainer stock isn't an energy player. Here's what's going on

Monday's HotCopper trends: 4DS falls short, $30B bid for Santos | June 16, 2025

Redcastle teams up with Terra Mining to get revenue flowing at Redcastle Reef, Queen Alexandra projects

This stock is crafting a cure for Huntington's – and it's making progress

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News