PLS 1.29% $3.15 pilbara minerals limited

Good News & Bad News, page-37349

  1. 4,749 Posts.
    lightbulb Created with Sketch. 1758
    Because valuations are more than just earnings for a particular year.

    It's a pretty much derisked assets that is unlikely to require more debt or dilution, has in flight growth initiatives. It's the best placed when Lithium prices turn.

    NPAT will be less than $750M but even if it was that applying 8x P/E would mean it was worth $6B, so $8B isn't far off is it?
 
watchlist Created with Sketch. Add PLS (ASX) to my watchlist
(20min delay)
Last
$3.15
Change
0.040(1.29%)
Mkt cap ! $9.480B
Open High Low Value Volume
$3.16 $3.18 $3.12 $71.90M 22.82M

Buyers (Bids)

No. Vol. Price($)
3 112482 $3.15
 

Sellers (Offers)

Price($) Vol. No.
$3.16 320783 6
View Market Depth
Last trade - 16.10pm 25/06/2024 (20 minute delay) ?
PLS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.