This kinda goes against what Macquarie is saying
Piedmont Lithium today.......................
"The Company is also pleased that its largest shareholder, AustralianSuper, the largest industry super fund in Australia, has agreed to subscribe for 19 million shares to maintain its pro-rata 13% position, further confirming its continued support for the Company and its Piedmont Lithium Project. "
Now just how could this company have so easily just raised $21 million if what Macquarie said was anywhere near accurate ! Think about it, Australian Super fund does not buy into negative outlooks !
cheers to all holders
Good News & Bad News, page-32
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