PLS 1.35% $3.76 pilbara minerals limited

Hey triple G, it will always be hard to give a dollar value, we...

  1. 276 Posts.
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    Hey triple G, it will always be hard to give a dollar value, we are all guessing prices whether you are TA or not, we should all have an exit price. I know mine for PLS and GXY and I will be happy to tap out at the right time, even if prices continue up....I'm sticking to my plan.
    There are also so many external factors to consider, yes our shorting friends trying to keep the price down, or maybe a tweet from Elon Musk could send this to the moon!! (He did it for a doggy coin, anything is possible).
    I have no idea, but personally I think we will be back to 1.50 by March with the prices going higher and looking at the technicals, it was needed to have this retracement for the next leg up. I think $10 might be a stretch, but one crazy deal with a huge company, getting into the ASX200, government support down the track rather than to the oil industry, who knows what can be achieved!
    In 1984, BHP was a $1 share once....and in 10 years to 1994 it got up to $8...now nearing $45. So it shows, in time, with demand, growth and market dominance, anything is possible.
    My guess is $5 by 2025-2027, but i will be out by then, but those who are long term will definitely make a profit!
    All in my uneducated opinion
    Cheers
 
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