PLA 0.00% 6.7¢ platinum australia limited

large buyers, page-3

  1. 1,245 Posts.
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    Hi splitset

    There has been take-over talk for over 9 months (and ever since I first bought in). Until now I have not seen any market evidence to support this. The volumes yesterday and today may support this, but I would discount the idea.

    It is far more likely that the market had written-off the stock until yesterday and this view is currently changing. The longer term future for PLA is now looking good and investors are pilling back in!

    Fundamentally the short-medium term outlook has turned positive.

    PLA has the resources and cash-flow is quickly becoming a non-issue.

    Gus
 
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