The lack of activity on this response (likes, support whatever you want to call it) shows that your in the minority on this topic..
Further to your suggestion of just letting PLL ‘scramble to survive’ by entering the JV into care and maintenance.. what an immature and out of touch option that would be. Anyway the decision would have to be made as a joint venture so Piedmont would never have decided to do that making your suggestion void.
Sayona would also need to find a new partner and how do you think that would go trying to find someone to invest in a project in C&M for the 3rd or 4th time. Do you really think Sayona has ever been in a position of strength to negotiate from? If as you say, we let PLL go under, we would either be up for ful costs of operating NAL and a loss or, try and find another partner to invest in a loss making operation in a terrible pricing environment..
these are the realities the BOD face and IMO are doing everything in their power to keep shareholders (YOU) from losing everything!
The merge is necessary and without it.. both companies die and IQ takes the projects and hands them to someone more capable.. IMO Elevra is the last chance to keep heads above water!
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SHOULD PLL GET 3 SYA shares for every 1 PLL SHARE ??, page-26
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Last
1.6¢ |
Change
0.002(14.3%) |
Mkt cap ! $184.6M |
Open | High | Low | Value | Volume |
1.4¢ | 1.6¢ | 1.4¢ | $664.7K | 43.46M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 3619984 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 15257277 | 54 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 1783880 | 0.015 |
113 | 34129878 | 0.014 |
37 | 16344438 | 0.013 |
33 | 13800327 | 0.012 |
20 | 15014368 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 14328216 | 51 |
0.017 | 26810930 | 70 |
0.018 | 24488579 | 78 |
0.019 | 21525479 | 25 |
0.020 | 15977744 | 45 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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