PLS 2.13% $3.83 pilbara minerals limited

The biggest pressure on SP is the equity part of the financing,...

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    The biggest pressure on SP is the equity part of the financing, which is very likely to be taken by local firms. The usual suspects will be involved and because they are little toads they would rather do an easy discounted placement than have to work a few extra hours to get it away at less of a discount. The house makes its commission on the amount raised, not the SP so the corp and inst advisers couldn't give a toss. $30m @ 30c gets the same commission for these leeches as $30m @ 40c.
 
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Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
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