PLA 0.00% 6.7¢ platinum australia limited

industrial action, page-37

  1. 325 Posts.
    I agree that its undervalued.

    Platinum prices have continued the uptrend.

    http://www.cnbc.com/id/33198741/

    Funds have out due to the recent industrial action and Index managers have sound due to the removal from S&P index.

    One comforting factor is that it was over-subscribed in the institutional capital raising and doesn't need money for a while...hopefully if they can resolve the labour issue.

    Price will rally once dispute is settled.

    Its peer comparison Aquarius Platinum has done much better recently.


 
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