PLS 3.00% $2.91 pilbara minerals limited

Good News & Bad News, page-40295

  1. 331 Posts.
    lightbulb Created with Sketch. 25
    Yeah thanks dfs1, i have looked into and checked out some of the poorly performing or obsolete Lithium operations but your right in one regard, i did miss the big profits. I watched PLS from around the 50c mark but didn't become interested until around $4.50, so slack on my part but i did receive both dividends paid, i was going to sell around the $5.20 mark but the the next day or day after they announced the first dividend so i held and still hold.
    People will say the shorts are just hedges, if thats what everyone thinks then so be it, but its very hard to see a SP with hype only and without good PS announcements move higher from here, the world lithium price at the moment is not good for any operation so it doesn't matter if (we) PLS have billions in cash - it would appear the big profits have already been made.

 
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