Nicely said Harry. Timing is everything.
Loads of folk on here right now including myself were in
the position to sell at the $1.20’s but there was a lot going on in the Lithium space in Oz at the time with Kidman resource sale and the part sale of Wogina by MIN. The latter in particular gave a tantalizing taste of what the PLS asset was worth. I for one, in the light of what was going on around us was confident there was some serious ‘land/resource banking’ going on by the majors.
I got it wrong, I imagined a number of serious bidders going against each other , all wanting what we have. It was about that time that the oversupply was evident, share price was dropping
quite rapidly. All the time I’m thinking, PLS is getting more and more attractive as a takeover target. Again in my mind (and based on previous experiences) felt if I dropped out of PLS, the next day a trading halt would be announced and a big offer would come in for PLS. I bought in very low and very early so I could have taken a fantastic profit, even at 0.30 but I have been holding for a long long time and didn’t want to miss the boat. Classic greed syndrome !!
I no longer expect a takeover of PLS, given the structure of the share register and my feeling that we have left the bottom well behind us.
It is not healthy to cry over spilt milk. You can only make the best decisions you can at the time and live with the consequences. I’m in for the long haul with PLS for obvious reasons. Would I sell at $1.20 next time .......... at this stage probably not, but I’m happy to see what the future looks like.
Currently it is looking EXCEPTIONALLY GOOD .... imo.
I know many very astute investors on this forum have held from the highs in the $1.20’s , and I’m sure all have their own stories about why they held tight .
I’d love to hear some of these stories, as it helps me to understand the different view points and motivations that form the decision making process.
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Nicely said Harry. Timing is everything. Loads of folk on here...
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Last
$3.83 |
Change
0.080(2.13%) |
Mkt cap ! $11.52B |
Open | High | Low | Value | Volume |
$3.90 | $3.91 | $3.83 | $93.71M | 24.26M |
Buyers (Bids)
No. | Vol. | Price($) |
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6 | 35051 | $3.82 |
Sellers (Offers)
Price($) | Vol. | No. |
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$3.84 | 6400 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 35051 | 3.820 |
5 | 21550 | 3.810 |
16 | 31967 | 3.800 |
2 | 12645 | 3.790 |
2 | 5140 | 3.780 |
Price($) | Vol. | No. |
---|---|---|
3.840 | 6400 | 1 |
3.850 | 23150 | 3 |
3.860 | 41209 | 4 |
3.870 | 75855 | 9 |
3.880 | 10000 | 1 |
Last trade - 16.10pm 29/03/2024 (20 minute delay) ? |
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Last
$3.84 |
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Change
0.080 ( 2.50 %) |
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Open | High | Low | Volume | ||
$3.91 | $3.92 | $3.83 | 7472288 | ||
Last updated 15.59pm 29/03/2024 ? |
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