PLS 0.34% $2.99 pilbara minerals limited

Macquarie Underperform valuationation on PLS, page-177

  1. 2,383 Posts.
    lightbulb Created with Sketch. 2859
    Hi SoS
    Great Post
    I am a recipient of Macquarie Research on a daily basis. Some of it is good to very good but it is IMHO not reliable. I read their reports and believe me they churn out a lot of volume, But they are just educated guesses or estimates.

    Just think for a minute if we had gone with their high conviction fund. In a bad year for equities it returned 10.9% pa. Pretty solid really but pales in comparison with the 1400% I have made on PLS.

    We just need to keep things calm and cool. We have a terrific resource, capable Directors etc etc. Just need to keep our eye on our research, keep calm and carry on as we have been. Always alert but not alarmed. If we listened to every nay sayer we would have sold out at 15c. Within a few weeks all those who wish to exit and cash in their stag profits at 38c will have done so certainly by 30 June. After that we should be clear of any major distractions and enjoying more normal trading conditions.
    Chrs W2
 
watchlist Created with Sketch. Add PLS (ASX) to my watchlist
(20min delay)
Last
$2.99
Change
0.010(0.34%)
Mkt cap ! $9.000B
Open High Low Value Volume
$2.93 $3.01 $2.89 $104.7M 35.12M

Buyers (Bids)

No. Vol. Price($)
3 11874 $2.98
 

Sellers (Offers)

Price($) Vol. No.
$2.99 65336 3
View Market Depth
Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
PLS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.