Boxing Day sale
will try to put a positive spin on latest share price decline as share price has come off approximately 30% from its high of $5.50 so the dividend yield has risen significantly although we don’t know the actual amount at this stage, and you could argue pls cash balance is significantly more valuable if they are looking to expand there empire as most lithium companies have also declined significantly, it might not have been a consideration of pls board before but things have changed in the market but our cash flow hasn’t, the beauty of having significant cash flow the market might just throw them a irresistible opportunity, regardless if you believe in the future of lithium and ev’s I would say Santa is throwing us a Boxing Day sale on one of the best cash producing companies out there, no idea if prices will go lower over Christmas new year but the lower prices go the more attractive we look
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4 | 31023 | 3.000 |
4 | 166506 | 2.990 |
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Price($) | Vol. | No. |
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3.030 | 60335 | 9 |
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