PLS 1.04% $2.85 pilbara minerals limited

Great strategic acquisition move at a significant discount ~50%...

  1. 66 Posts.
    lightbulb Created with Sketch. 16
    Great strategic acquisition move at a significant discount ~50% from LRS's 52 week high. While it may be a great capital and asset opportunity, what about the long term risks due to the pathetic lithium market? Are PLS management so bullish?

    I'm already disgusted at how much the SP has eroded and this acquisition is simply not good enough to prop up the SP. I don't think we have seen the bottom just yet.
 
watchlist Created with Sketch. Add PLS (ASX) to my watchlist
(20min delay)
Last
$2.85
Change
-0.030(1.04%)
Mkt cap ! $8.582B
Open High Low Value Volume
$2.87 $2.89 $2.82 $51.48M 18.09M

Buyers (Bids)

No. Vol. Price($)
1 6942 $2.84
 

Sellers (Offers)

Price($) Vol. No.
$2.85 129885 1
View Market Depth
Last trade - 16.10pm 17/09/2024 (20 minute delay) ?
PLS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.