A re rate is certainly warranted once PLS debt is paid down. Lets not forget that despite getting 20% more for lithium, company debt will also cost 20% more. The challenge for the company (with the falling AUD dollar against the USD) is to pay off debt as quickly as possible once Stage 2 is commissioned without compromising future expansion such as Mt Fransisco. From what I have seen of Ken B and the board to date, the company is in good hands to meet this challenge.
A re rate is certainly warranted once PLS debt is paid down....
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Last
$2.98 |
Change
-0.020(0.67%) |
Mkt cap ! $8.972B | |||
| Open | High | Low | Value | Volume |
| $2.92 | $2.98 | $2.90 | $38.78M | 13.16M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15056 | $2.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.98 | 89928 | 9 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |