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1.40%

$2.89 pilbara minerals limited

I don't get it, IGO is just $3bn lower than us.

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oilman01

5,780 Posts.

493

21/09/23

16:14

Post #: 69961797
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Originally posted by Hotspring: ↑

It is beyond jokes that a company that making massive profit and having massive war chest can be overrun by shorters. (PLS rank No 1 as most shorted on ASX))
Its about time the company embark on aggressive shares buy back scheme to counter the crooks, leaving enough % for the capex (for the P1000 expansion and hydroxide project in Korea), PLS can comfortably allocate $1 b or $1.5 b for the shares buy back scheme, taking into consideration the huge margin/profit generated over the next 2 to 3 years (based on conservative spod. price of US $1500 to $2000 per ton.)
PLS is not a bank, any excess cash in the vault need to put to good use.
Don't let the shorters run wild and control the share price. Stuff them

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I don't get it, IGO is just $3bn lower than us.

PLS Price at posting: $3.98 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $2.89		Change 0.040(1.40%)		Mkt cap ! $8.582B

Open	High	Low	Value	Volume
$2.83	$2.89	$2.82	$3.161M	1.105M

Buyers (Bids)

No.	Vol.	Price($)
26	148615	$2.88

Sellers (Offers)

Price($)	Vol.	No.
$2.89	44026	8

View Market Depth

No.	Vol.	Price($)
22	116341	2.870
10	234136	2.860
11	236230	2.850
11	129626	2.840
12	172460	2.830

Price($)	Vol.	No.
2.880	153481	23
2.890	262008	18
2.900	134726	20
2.910	76290	8
2.920	80821	11

Last trade - 10.14am 18/09/2024 (20 minute delay)

PLS (ASX) Chart