With a market cap now well below A$10b (currently A$9.4b), PLS should be worried about an opportunistic TO offer. And, I reckon RIO now sees PLS as being "in the zone".
RIO would only want tier 1 assets in tier 1 jurisdictions - and Pilgangoora is as tier 1 as it gets!!
I'd be disappointed with such an outcome as in the clear light of day, PLS is worth much more than its current pricing suggests.
Good News & Bad News, page-43586
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.85 |
Change
-0.150(5.00%) |
Mkt cap ! $8.582B | |||
| Open | High | Low | Value | Volume |
| $2.95 | $2.98 | $2.83 | $92.31M | 32.06M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 46000 | $2.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.86 | 89829 | 11 |
View Market Depth
| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |