Considering LTR was offered 5.5 billion and they have not even started production, though have plans of 500k tonnes p.a with a 23 year mine life, I would argue that PLS looked very cheap at 3.50 a share with a MC of a little over 10 billion at the time. PLS have a 26 yr mine life, 1 million tonnes p.a, contracts to go downstream, over 2 billion in the bank, are already milking it with current lithium prices. I know who I would rather being throwing a take-over offer at. Not saying it is going to happen but it does make PLS and even AKE look cheap given what LTR has been offered by Albermarle.
Considering LTR was offered 5.5 billion and they have not even...
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Last
$3.89 |
Change
0.000(0.00%) |
Mkt cap ! $11.73B | |||
| Open | High | Low | Value | Volume |
| $3.85 | $3.92 | $3.83 | $9.083M | 2.342M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 69344 | $3.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.90 | 68657 | 34 |
View Market Depth
| Last trade - 10.48am 29/05/2024 (20 minute delay) ? |
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Last
$3.92 |
Change
0.000 ( 0.51 %) |
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| Open | High | Low | Volume | ||
| $3.85 | $3.92 | $3.83 | 748291 | ||
| Last updated 11.06am 29/05/2024 ? | |||||
| PLS (ASX) Chart |