PLA 0.00% 6.7¢ platinum australia limited

Bought back in today at the close (55c) after off-loading mine a...

  1. 325 Posts.
    Bought back in today at the close (55c) after off-loading mine a few weeks ago at 62c for a profit. I was a seller in remorse when PLA rallied to 70c + a few days after.

    However I sold because I had a hunch there would be capital raising on the stock.

    UBS has also got a $1 target on the stock.

    I think the stock has an asymmetric risk profile. i.e. bigger upside than downside

    Will look to avg. down if necessary.
 
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Currently unlisted public company.

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