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mondyinvest

4,873 Posts.

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19/08/21

16:04

Post #: 55420237
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Originally posted by Donno531: ↑

it's gonna happen mondy85.
It's gonna happen.
Labor and greens opposing further investments into hydrogen.
Hydrogen needs lots and lots of money for project feasibility.
Only thing keeping the price up is "possible" twiggy takeover the amount of dividend payments he'd get from FMG will be more than enough to take over PRL in his dream for hydrogen domination.
But with ausgov slowing down hydrogen investment he may wait on it. Only reason Labor and greens allowing is because companies like twiggy will benefit big time... but looks like if this PRL ship keeps sinking he's going to be the winner picking up prime land for cheap as chips for the long term because he can afford to hold it. With FMG high share price he can offer a take over for FMG shares which would have f* all impact in dilution for FMG but we will get shares in FMG at all time highs.
Lots of funny things to think about..
Bit it will end up sub 10c all imo

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“not gonna post till I see 10c or sub on the ticker.”

PRL Price at posting: 14.5¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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