|Bid||0.3800 x 0|
|Ask||0.3300 x 0|
|Day's Range||0.3400 - 0.3550|
|52 Week Range||0.3150 - 0.9300|
|Beta (3Y Monthly)||0.56|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 30, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.12|
Ken Brinsden of Pilbara Minerals weighs in on the potential deal between Wesfarmers and Kidman. He says there could be more "action" in this sector as companies try to resolve security of the supply of lithium.
Chinese battery firm CATL has taken a stake in Australian lithium miner Pilbara Minerals , both companies said on Wednesday, after a supply glut hammered the sector and forced Pilbara to raise equity to fund working capital. CATL, one of China's leading electric-vehicle battery makers, has bought an 8.5% stake in Pilbara as part of a A$91.5 million ($61.8 million) capital raising, Pilbara said in an exchange filing.
The last three months have been tough on Pilbara Minerals Limited (ASX:PLS) shareholders, who have seen the share...