PLS 0.34% $2.99 pilbara minerals limited

As the auction approaches, we might be getting over excited...

  1. 372 Posts.
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    As the auction approaches, we might be getting over excited about
    what will be the winning bid. I am hoping that the number at a minimum
    equals or exceeds the $5650 (US) from the last auction. In truth, on a personal
    basis, I would be very happy with a price in the $4500 to $5500 area, but the BEOT's
    would start screaming bloody hell that the supply of spod was catching up to demand.

    This is a very edgy market, with lots of over reaction, lots. So while we all expect the
    number could be north of $6000 (US), with a very positive reaction by the market, bear
    in mind, overall world events and a market in the middle of a substantial adjustment, could
    result in a disappointing day ahead.

    But as many here have repeatedly stated, they're not getting mine !!
 
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