PLS 3.86% $2.74 pilbara minerals limited

You seem to be carefully selecting the information you choose to...

  1. 1,308 Posts.
    lightbulb Created with Sketch. 48
    You seem to be carefully selecting the information you choose to display in that post. First of all, the SP never reached $13, so an exageratiom there. Secondly, the SP went from the high of $2.13 in June 2008 to $1.75 just 6 months later (GFC). So, my question is, what if a major market correction hits prior to PLS producing? Which is a distinct possibility. Dont get me wrong, PLS has wonderful prospects, but where would the SP be after a crash? Also, FMG SP never recovered after 2008. SP only sitting at $4.80 today.
    Last edited by bilsto: 05/11/17
 
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