If noobs such as yourself can't deduce that unsolicited 2c is hypothetical and make all their investment decisions based on what they read on HC as gospel and invest based on that, well they deserve what they get.
For the record, I think $15 is a possibility based on fundamentals. Will it get there? NFI but I don't discount the possibility.
I have a figure in mind I will sell out of PLS that is lower than $15 but that is because I will look for something else that will give me greater returns
IMO once we are over $10 it will be harder to see double or triple returns whereas there will likely be another prospect that will give me 5x or 10x return.
$20 is probably a stretch without some acquisitions down the track to grow the business.
Personally I'd like those acquisitions to be non Lithium. We will need diversification as Li will lose its lustre at some point.
PLS chart, page-8682
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Last
$2.90 |
Change
0.020(0.69%) |
Mkt cap ! $8.732B | |||
| Open | High | Low | Value | Volume |
| $2.86 | $2.94 | $2.80 | $102.1M | 35.55M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 314863 | $2.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.91 | 20820 | 2 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |