@Batman08
"Unfairness" ? It was a commercial decision. The deal didn't need to be signed. Both parties thought it was fair enough to sign. If spod price was currently at $400, would you then be calling for a change in deal to be fairer to PLL ? My guess your comment would be something along the lines of "they took a risk and it didn't pay off..."
Let's say you sold a house for 500k. Maybe because you had to, maybe because you wanted to. Doesn't matter.
Then let's say property prices went up 50% in 6 months. Would you go knock on the new owners door in an attempt to re-negotiate the contract ? No. because it would be silly, and legally you couldn't do it anyway.
That ceiling price of $900 stays unless PLL can get a better financial result out of a new deal. And at the moment, they can't, so nothing will happen (remember they have their shareholders and projects to look after also).
Ps: I hold a lot of my portfolio in SYA. I hold a pittance of PLL. It makes no difference though as I am only commenting on the deal without bias.
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3.2¢ |
Change
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Mkt cap ! $329.3M |
Open | High | Low | Value | Volume |
3.2¢ | 3.4¢ | 3.2¢ | $705.9K | 21.55M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
179 | 36467535 | 3.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.3¢ | 1196969 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
179 | 36467535 | 0.032 |
63 | 23681131 | 0.031 |
119 | 22667422 | 0.030 |
30 | 8599257 | 0.029 |
18 | 2841580 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.033 | 1196969 | 4 |
0.034 | 9043563 | 27 |
0.035 | 9157242 | 23 |
0.036 | 4839927 | 17 |
0.037 | 2684555 | 16 |
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