PLS 2.30% $3.83 pilbara minerals limited

IMO PLS will never get taken over completely. Undoubtedly our...

  1. 148 Posts.
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    IMO PLS will never get taken over completely. Undoubtedly our partners (off takers) CATL and POSCO only invested in PLS to secure guaranteed Lithium supply. I imagine that both companies wont be satisfied with around only 10% of the company and will increase their share gradually during this time of price weakness, Once they each have 20% of the company it will be completely takeover proof ( it probably is already) and they will jointly control it and have a common interest. PLS share price will be largely irrelevant to them. Nor will dividends ever be a priority. Institutional investors and shorters are using the last placement at 30c/sh to exit with a 10 to 15 % profit leaving us retail shareholders to pick through the slag heap. I hope I am wrong about this but cant see how a different outcome makes any sense. My shareholding is much smaller now than when I started buying PLS so no big hurry to sell whats left but will probably grab any decent rise if it happens. GLTAH
 
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Last
$3.83
Change
-0.090(2.30%)
Mkt cap ! $11.52B
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$3.88 $3.97 $3.81 $108.3M 28.07M

Buyers (Bids)

No. Vol. Price($)
28 776761 $3.83
 

Sellers (Offers)

Price($) Vol. No.
$3.84 5962 2
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Last trade - 16.10pm 19/04/2024 (20 minute delay) ?
Last
$3.83
  Change
-0.090 ( 1.50 %)
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$3.87 $3.97 $3.81 8241129
Last updated 15.59pm 19/04/2024 ?
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