$Pilbara Minerals Ltd(PLS.AU)$ $PILBARA MINERALS LTD(PILBF)$ is a great example of a massively bloated EV in a cyclical that has plenty of room to shrink... as soon as FCF dries up or turns negative, you realise how expensive it still is (even with all that cash).
$Pilbara Minerals Ltd(PLS.AU)$ $PILBARA MINERALS LTD(PILBF)$ "short squeeze" will happen when everyone who has bought in anticipation of a short squeeze has been wiped out
Spoke too soon big red car. Down she goes Warrants gotta blow up first before she moves…
Image
https://twitter.com/LukeyTrags/status/1731831464562655713
ASX Stocks Opportunities
The ASX is heavily weighted towards financials, materials, and healthcare sectors.
Which company or sector are you bullish? Share with Tigers here!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments