@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 $900 stays unless PLL can get a better financial result out of a new deal. And at the moment, they can't, so nothing will happen (remember they have their shareholders and projects to look after also).
Ps: I hold a lot of my portfolio in SYA. I hold a pittance of PLL. It makes no difference though as I am only commenting on the deal without bias.
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83 | 27004712 | 0.030 |
Price($) | Vol. | No. |
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0.036 | 14506978 | 39 |
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