With the news from Chile, it is hard to see why a very undervalued huge lithium producer like PLS has not been hit with a cheap takeover offer (eg, around $7). In fact had it been made 2 weeks ago it may have succeeded, maybe not for 90% plus but possibly for 50% plus and control.
As things stand now, PLS will likely need a much bigger offer because everyone recognises the outstanding position it is in.
Good News & Bad News, page-27749
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Last
$2.92 |
Change
0.080(2.82%) |
Mkt cap ! $8.882B | |||
| Open | High | Low | Value | Volume |
| $2.85 | $2.95 | $2.80 | $46.80M | 16.29M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 81724 | $2.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.92 | 191182 | 51 |
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| Last trade - 14.04pm 21/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |