If I was a holder I'd take PLS scrip and rollover relief and enjoy exposure to the sector's leading independent producer. You stay leveraged to lithium prices and a recovery in the cycle without the financing and development risk that LRS standalone has. Risk and return; less risk for lower return volatility but still upside leveraged. Standlone LRS is high risk high return but in this price cycle has little chance of raising the debt and equity needed to build the project. I'd vote YES.
If I was a holder I'd take PLS scrip and rollover relief and...
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Last
18.5¢ |
Change
0.065(54.2%) |
Mkt cap ! $517.8M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.8¢ | 17.5¢ | $17.37M | 96.21M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 282825 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 5339183 | 79 |
View Market Depth
| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| LRS (ASX) Chart |