PLS 5.84% $2.90 pilbara minerals limited

Anyone else wondering where the '9 per cent discount' comes...

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    Anyone else wondering where the '9 per cent discount' comes from? Is he using implied SC6 pricing versus latest SC5.5 pricing?

    https://hotcopper.com.au/data/attachments/4505/4505460-79ab3bea332369a5f4a48af6f3cbea7a.jpg
 
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