PLS 1.94% $2.53 pilbara minerals limited

Management should be sacked?, page-68

  1. 790 Posts.
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    Not really surprising. There was a few announcements in quick succession warranting the retrace and bringing pls more in line with peers. Market and analysts were pricing in potential expansions and part asset sale to top up coffers and alleviate some short term pain. As soon as the announcements came through putting said plans on hold the analysts revised their targets down 30-40%. The market as usual was ahead of the game.
 
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