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clock Created with Sketch. 31/08/16
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Originally posted by kcheers
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Not wanting to perpetuate any rumours of a potential take over but I acknowledge it has been there for many months at the back of some SH's thoughts.such an asset of international significance . My view is that there is a lot of meat left on these PLS bones with arguably much lower risk from here. For many, getting a 10% annual return should be quite pleasing. PLS would likely exceed that many times over in the next 5 years and we need to take a longer term rolling average to appreciate this in creating our own wealth.
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A very thought provoking post K. As a relative newcomer (5 months .54 ave) and with little understanding of TA I have tried to absorb the FA with the excelellent contributions by Oz SN and others contributing to my research. I have been disheartened at times by the Downrampers and manipulation discussions but the reality to me is the resource is there and the LT risk looks positive. I am not a trader - retire in 4-5 years and this stock forms part of a very mixed PF of asx200 and specs that I am trying to shape into a complimentary addition to my industry SF.
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