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$3.13 pilbara minerals limited

what's rough net worth at 79?

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mypravda

2,941 Posts.

122

29/10/23

11:20

Post #: 70598213
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Originally posted by georgef1027: ↑

I have been an investor is PLS since 2017 and in early
2020, at the age of 79, I held onto my shares and began substantially
adding throughout the remainder of 2020 and into 2021.

About 2 months ago I and I'm sure other LT holders here began
seeing dark clouds forming over the horizon particularly related to
economic conditions in China. I was already concerned about the
growing short position but began to see what might be justifying it.
So, I began selling down a portion of my position in the company.

The most profound comment at the recent quarterly presentation
was made by I believe the CFO who stated that the large short position was
due to the lack of alternative ways to short the price of lithium.
I have to admit that the simple, pure legitimacy of that statement blew
me away.

Combining that statement with the fact that everything Dale said was
right on and properly conservative, I am now in a focused watch situation.
My focus is soley the price of lithium. When I see it at least become stable
I will add back some of what I have sold. Not advice, just the honest thinking
of an old man.

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what's rough net worth at 79?

PLS Price at posting: $3.93 Sentiment: None Disclosure: Not Held
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(20min delay)
Last $3.13		Change 0.170(5.74%)		Mkt cap ! $9.425B

Open	High	Low	Value	Volume
$3.05	$3.14	$3.01	$78.76M	25.44M

Buyers (Bids)

No.	Vol.	Price($)
2	1050	$3.12

Sellers (Offers)

Price($)	Vol.	No.
$3.14	385402	22

View Market Depth

No.	Vol.	Price($)
2	1050	3.120
2	14848	3.110
12	255876	3.100
15	1471406	3.080
5	153212	3.070

Price($)	Vol.	No.
3.140	338319	20
3.150	546670	74
3.160	137443	15
3.170	26176	10
3.180	123346	17

Last trade - 16.10pm 12/11/2024 (20 minute delay)

PLS (ASX) Chart