Current September Quarter is THE quarter where PLS starts to get some serious CASH FLOWS. Over the next 12 months CASH will flow in in the rate of $Millions per month.
The Market still have some doubts but once those CASH shows up in the reports, SP will take care itself.
The June Q report is due next couple of days, and we might see some DSO Cash which might help the SP.
Weak demand for Lithium and hence weak lithium prices are probably still the reason why SP dropped recently, demands should increase in coming months, just hold on for the ride.
DYOR.
Frank.
Day to day discussions on S/P, page-1487
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Last
$2.89 |
Change
-0.100(3.34%) |
Mkt cap ! $8.699B | |||
| Open | High | Low | Value | Volume |
| $2.95 | $2.97 | $2.89 | $45.17M | 15.51M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 335341 | $2.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.90 | 154500 | 2 |
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| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |