Who knows IBB. What I do know is that this is not just about the future value of PLS but more about how much of it we actually get to see. Unfortunately there is a mentality in Australia of doing the digging and letting someone else handle the rest of it. That would be a real shame.
Some of that is competitiveness and we are pretty hopeless on that score.. Still I would not imagine a processing plant would be a huge labour cost these days. We do have one big advantage in that our mine and possible processing plant would be new with all the efficiencies a new plant has.
The question is, how many of the big holders will be tempted by a takeover offer?
I'm sure it's going to happen. Small investors may resist but those big ones might go for the cash grab and let someone else worry about the long term success and profits.
Who's selling?, page-86
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Last
$3.09 |
Change
0.030(0.98%) |
Mkt cap ! $9.210B | |||
| Open | High | Low | Value | Volume |
| $3.08 | $3.10 | $3.08 | $7.075M | 2.282M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 152801 | $3.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.09 | 397733 | 43 |
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| Last trade - 10.18am 15/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |