A40 0.00% 8.2¢ alita resources limited

Would be great news for them if the share price wasn't down 25%...

  1. 1,392 Posts.
    lightbulb Created with Sketch. 2011
    Would be great news for them if the share price wasn't down 25% for the month.

    Overall not the best price wise for investors there, but it shows demand is still there, we wouldn't have companies like Gangfeng taking large stock positions and funding expansion, if they didn't have customers to sell to.

    PLS have been sold out for a while now, I only know of one other company that is completely funded and has imminent supply available, suitors can take a number at the door there will be no cheap deals available here for this premium product.

    If you want it you have to out bid burwill who have an option over it we have leverage on our side, Burwill/Jiangte are a large holder, so you can bet they will be taking it themselves if it's cheap or making whoever does pay up for it.
 
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