IMHO it appears the market doesnt like the low price received for the Lithium. It doesnt seem
to be moving up like a lot of people expected about a year ago.
Increase in supply may keep a lid on the price of Li for a while now.
Holders here need to remember that this stock has already been a multi-bagger, which happened
a few years ago. A stock doesnt multi-bag again (there have been some rare exceptions). So
dyor in regards investing here.
And just in defence of rcman, (even though he issued a contradictory 'buy' recommendation), the carbon footprint of
lithium batteries is likely to be the same as from fossil fuels, except the pollution has been moved
from the city to outside the city. Also processing Li causes pollution. And what do you do with the
spent batteries after their use-by-date, is another issue.
However this stock is good for a trade imho
I have been wrong before, so the above in opinion only and dyor
PLS chart to start 2019, page-864
-
- There are more pages in this discussion • 1,545 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.00 |
Change
-0.050(1.64%) |
Mkt cap ! $9.029B | |||
| Open | High | Low | Value | Volume |
| $3.03 | $3.06 | $3.00 | $41.07M | 13.59M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 97 | 622937 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 580 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |