PLS 0.69% $2.88 pilbara minerals limited

PLS will start to pay taxes by march, until then the income will...

  1. 105 Posts.
    lightbulb Created with Sketch. 42
    PLS will start to pay taxes by march, until then the income will be taxfree. Therfore I do expect a net free cashflow of 4 billion USD at the end of FY23.

    And furthermore I do expect rather 30% instead of 20% of the free Cashflow to be paid as fully franked dividends because this part of the free Cashflow (by the end of FY23) will be earned more or less after starting paying taxes by march.

    My calculation:

    30% of 4 billion USD = 1.2 billion USD

    there are 3 billion PLS shares, so per share I do expect a fully franked dividend of 0.40 USD (14% dividend yield based on the current SP!).
 
watchlist Created with Sketch. Add PLS (ASX) to my watchlist
(20min delay)
Last
$2.88
Change
-0.020(0.69%)
Mkt cap ! $8.671B
Open High Low Value Volume
$2.87 $2.93 $2.84 $50.85M 17.65M

Buyers (Bids)

No. Vol. Price($)
1 5000 $2.87
 

Sellers (Offers)

Price($) Vol. No.
$2.88 179945 5
View Market Depth
Last trade - 16.10pm 19/08/2024 (20 minute delay) ?
PLS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.