The insider owners at PLS must be furious at this point. They have been working their butts for a long time and they must believe they are doing a great job.
This includes the CEO to the workers who mine the lithium. I believe they are all inside share holders.
Lets look at a few numbers of how they were effected by the 8%. decline in their stock;
Total shares (approximatly) 3 billion. which equals about 14.1 Billion market cap.
Inside ownership (approx) 13.05% or 391,500,000 shares
At $4.70 a share. or $1,840,050,000 , insiders market cap. a loss of .41 a share.
THE INSIDERS LOSS $160,515,000 this last Friday. I'm sure they are all saying WTF!!!
I know all the other holders (that are not short) have taken a bigger hit but they can't do much about it.
What can they do? A lot in my opinion, but doing nothing is not one of them!
Good News & Bad News, page-32468
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Last
$3.11 |
Change
-0.090(2.81%) |
Mkt cap ! $9.360B | |||
| Open | High | Low | Value | Volume |
| $3.15 | $3.17 | $3.06 | $206.5M | 66.15M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 212414 | $3.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.12 | 1870994 | 18 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| PLS (ASX) Chart |