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69% revenue decline
This company is losing money.
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151786376 : Why Goldman and Australia super are still buying this share?
Chipmunk OP 151786376 : Probably diversifying
151604459 : You must'nt be able to comprehend then. "Pilbara Minerals reporting revenue to $1,254 million and EBITDA of $538 million" ... less than previous but pretty much on target to predicted and SP had that factored in, also has $1.6 billion in the bank! Sheesh
Matthew Isaacs 151604459 : Pilbara is a long term play, I admit I have taken a bath but looking at the results and the view of 2025 there is light at end of tunnel, they are expecting growth, how much is yet to be seen
151604459 : They have got a financier on board now for a $1BILLION of revolving credit. They will refinance, build and expand production. Whne they started out the lower price of product is what they based their profitability on so they are profitable and likely the lithium price will go up from here
Problem is the shorters are onto this stock