PLS SP has already built in the deal going ahead, and a notice...

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GARETH78

8,774 Posts.

3102

05/09/24

20:23

Post #: 75550056
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Originally posted by will do: ↑

Just a thought, PLS has just on 3B shares on its books and with the LRS deal if it goes through will add 2.8B LRS shares if equal to the offer price of $2.85c @ a value of 20c/ LRS share another 200M to their registry making it 3.2B shares on offer in one hit added on.

Will the SP flounder upsetting the market.???????

Dillution be a factor ???????

If current Li price still tanks further what does it mean for LRS at vote time and PLS share price is south of say 2.50 and no sign of recovery.?????

If PLS SP is lower than the $2.85 equivalent to the then 20c/share offer are we valued for less if the PLS SP is much lower. Nearly 14.5LRS shares are equivalent to the $2.85 offer of 20c each, so do we match the SP in whatever direction it goes or is it just a standard 20c/share offer. ?????

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PLS SP has already built in the deal going ahead, and a notice of intention to issue 202,577,862 new shares has been lodged.

We are linked to PLS SP moving forward and have generally been trading .5c lower than the value of the 0.07 share of PLS SP.

If the deal were not to go ahead then PLS SP may change up or down depending on the reason.

Given the deal from many analysts is seen as fair, not a bargain and not over paying, it may have little impact.

LRS Price at posting: 18.0¢ Sentiment: Hold Disclosure: Held
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PLS SP has already built in the deal going ahead, and a notice...

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