PLA 0.00% 6.7¢ platinum australia limited

The way I see it, Platinum is considered a hedge against...

  1. 11,682 Posts.
    lightbulb Created with Sketch. 550
    The way I see it, Platinum is considered a hedge against inflation (so is silver and gold). That's what is driving to price up atm. So PLA is a "safe" bet. If things improve, car manufacturers will be buying more platinum, so the price goes up more. On top of that PLA will be putting out quarterly reports and stating production and revenue. This is yet to be factored into the sp. => PLA cant go wrong no matter what happens!

 
watchlist Created with Sketch. Add PLA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.