Under "normal" circumstances, I would agree with you, but PLL is managing their cash like a rock star and a drunken sailor went out for a night on the town in Bangkok.
An asset is only worth as much as you can get for it, and right now, it would be FAR less than $75M. Add-in the perceived weak balance sheet position of PLL, and it's even less.
BTW, even at $75M, it would be small, by Tesla's standards, though I doubt they would more than half the sum you've cited.
Just an opinion. You're entitled to differ.
Under "normal" circumstances, I would agree with you, but PLL is...
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Last
43.0¢ |
Change
-0.005(1.15%) |
Mkt cap ! $279.3M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 43.5¢ | 43.0¢ | $16.22K | 37.70K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 67396 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 44.5¢ | 12562 | 2 |
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| Last trade - 15.48pm 14/06/2024 (20 minute delay) ? |
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43.0¢ |
Change
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| Open | High | Low | Volume | ||
| 44.5¢ | 44.5¢ | 43.0¢ | 1410 | ||
| Last updated 10.43am 14/06/2024 ? | |||||
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