Considering LTR was offered 5.5 billion and they have not even started production, though have plans of 500k tonnes p.a with a 23 year mine life, I would argue that PLS looked very cheap at 3.50 a share with a MC of a little over 10 billion at the time. PLS have a 26 yr mine life, 1 million tonnes p.a, contracts to go downstream, over 2 billion in the bank, are already milking it with current lithium prices. I know who I would rather being throwing a take-over offer at. Not saying it is going to happen but it does make PLS and even AKE look cheap given what LTR has been offered by Albermarle.
Good News & Bad News, page-27495
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Last
$3.97 |
Change
-0.110(2.70%) |
Mkt cap ! $11.94B | |||
| Open | High | Low | Value | Volume |
| $4.08 | $4.15 | $3.97 | $79.96M | 19.83M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 270961 | $3.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.98 | 1217699 | 6 |
View Market Depth
| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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Last
$3.98 |
Change
-0.110 ( 2.15 %) |
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| Open | High | Low | Volume | ||
| $4.09 | $4.15 | $3.97 | 6280061 | ||
| Last updated 15.59pm 14/05/2024 ? | |||||
| PLS (ASX) Chart |