PLS 1.04% $2.85 pilbara minerals limited

A focus on renewables etc will be great for companies like PLS...

  1. 721 Posts.
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    A focus on renewables etc will be great for companies like PLS but there may yet be a sting to come- IF the greens become minority partners with Albo and Co. At the moment, Albo doesn't have the 76 seats needed for majority rule and will likely have to form a partnership with independents. Teals can't be trusted (they represent their millionaire financier) so it will probably be the greenies. And the Greens policy platform incorporates a new Corporate Super-profits Tax of 40% on 'big' corporations (which apparently means any company earning over $100 million annually.... which is not that much really)..... add in a 6% wealth tax for billionaires (who will likely respond by moving assets etc into tax havens). Imagine how much Albo and co. will be able to grab from PLS!! Let alone any other company.... And that means less money to flow on to shareholders in future dividends. No better than robbing a bank.
 
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