Share
7,595 Posts.
lightbulb Created with Sketch. 2799
clock Created with Sketch. 31/08/16
21:46
Share
Originally posted by kcheers
↑
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.
Expand
The practicalities are that the company will proceed as if there were not going to be a takeover offer because that's what they have to do. When and if one comes be happy because my strong bet is the price of this thing will go off the charts. Why? Because there will be a bidding war. It's a unique asset in an industrial revolution. Take your gains and pay your tax and invest the amazing gains wisely.
(20min delay)