All in opinion:
SP of PLS has strong support at these lows. Stock is well underpriced, PLS is cashed up and PLS is lowering costs. PLS has future POSCO hydroxide profits to ponder too once its up and running. Future money printing dollar machine....To me the Aussie Lithium BOTTOM is in.....
Reminds me of the days IO price was forecasted to fall into the 20s and 30s. Lol. Remember those... Its beyond ridiculous now because look at IO. Its near 90! FMG went from a few dollars to nearly $11 per share! How things can turn to the upside quickly....
PLS is on strong TA support.
LIT is nearing breakout to upside..
Tesla is near highs
POSCO is UP again...
CATL near 52 week highs
Gangfeng near 52 week highs
MIN doing well..
US need rare earths supply from Australia LT.
So what gives given the bottom is in?
This is what I think will potentially happen early next year before the massive Aussie Lithium SP recovery in 2020 and beyond...
Potential offers?
MIN is cashed up too...and don't Mac own around 5% of MIN?
Major miners are cashed up also.....
PLS is a prime target in my opinion for a merge / TO.
To me, the potential scenarios are:
1. MIN merges with PLS and/or GXY as a Global Lithium major. To RIOs and BHPs surprise....
2. MIN offers a TO to PLS
3. PLS offer/counteroffer by Gina, FMG, RIO or BHP.....
4. A bidding war for PLS... Bring it on.....
Lets face it, someone would love our premium resources and future hydroxide profits to ensure security and profitability of quality Aussie Hard rock Lithium supply.... Its a future big earner for Australia....$$$$$$$$$$$$...
You watch folks. Hold the line if it happens. Don't give an inch if offers potentially come to pay up for the tier 1 lithium prize......
In opinion, if there was such thing as a Takeovermeter / mergermeter, the thing would be red lining right now for PLS....
Good luck holders.
- Forums
- ASX - By Stock
- PLS
- Potential for Merge / TO offers?
Potential for Merge / TO offers?
- There are more pages in this discussion • 56 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PLS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$4.18 |
Change
0.120(2.96%) |
Mkt cap ! $12.58B |
Open | High | Low | Value | Volume |
$4.13 | $4.20 | $4.11 | $86.61M | 20.81M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 1408666 | $4.18 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.19 | 165878 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 1408666 | 4.180 |
9 | 50848 | 4.170 |
8 | 98527 | 4.160 |
3 | 100243 | 4.150 |
5 | 149979 | 4.140 |
Price($) | Vol. | No. |
---|---|---|
4.190 | 165878 | 22 |
4.200 | 1060031 | 141 |
4.210 | 257041 | 32 |
4.220 | 248582 | 31 |
4.230 | 118452 | 9 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
Last
$4.18 |
  |
Change
0.120 ( 3.20 %) |
|||
Open | High | Low | Volume | ||
$4.12 | $4.20 | $4.12 | 4580071 | ||
Last updated 15.59pm 03/05/2024 ? |
Featured News
PLS (ASX) Chart |