PLS market cap is $8.2B - Paying 500M AUD is around 6% dilution....

  1. OneGoodTrade
    534 Posts.
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    15/08/24
    15:59
    Post #: 75223885
    PLS market cap is $8.2B - Paying 500M AUD is around 6% dilution.

    Imagine paying $2bn (plus capex) it would be 25%+ dilution. That's where the hurdle is.

    We fit more for players like RIO who can afford dilution.
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