PLS 5.69% $3.16 pilbara minerals limited

Pls shorted, page-627

  1. dt7
    2,879 Posts.
    lightbulb Created with Sketch. 97
    Nowhere near a prime takeover target - customers have blocking stakes making a TO difficult....that is why PLS is more shorted than other Lithium companies....less chance of a TO lobbing in and messing up your short setup.

    Doesn't prevent a Chrisgina type blocking/spoiling stake being built...but MinRes already had one go a PLS and the board managed to unwind that entanglement.
 
watchlist Created with Sketch. Add PLS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.