PLS 1.40% $2.89 pilbara minerals limited

lol... hindsight is always good isn't it ...? but why risk...

  1. 4,660 Posts.
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    lol... hindsight is always good isn't it ...? but why risk investment and hard earned cash on the stock where you are investing on the assumption that things will happen in a way you wanted when you have a choice to invest in a company with cash, dividend plus proven record to back ? (I don't hold SQM or WES neither recommend them).

    below is the NTA for PLS based on annual report, so stock is overvalued at the moment and future valuation is hard to judge considering no clear capital management strategy by the company & no one knows what will be commodity pricing but as always stock price goes up & down and company like APPEN went to all the way to $12 and now back to $3.76 .... and all those stock pumper who pumped appen now disappeared and on to new stock while those who are stuck still trying their best

    i could be wrong in valuing PLS and as I said long ago that I would have invested in PLS have the share price around $2 or have clear capital management strategy with return higher then inflation plus bank FD rates.... !

    https://hotcopper.com.au/data/attachments/4634/4634281-7c475d2bdc46521b138a24de5c3bc591.jpg

 
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