FMG was in a much worse position while iron ore price was USD$38/dmt, and the share price hit hard, down ~80% to $1.24, today FMG is trading at $11.90/share.
PLS is too big to fall, lithium sector has already started to turn around although some small producers are still facing with a big challenge due to the excessive debt issue.
I think any big producers (hard rock, needs to be much higher than 200kt spodumene concentrates p.a) should be doing very well in a long run.
PLS chart to start 2019, page-2363
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Last
$2.67 |
Change
-0.010(0.37%) |
Mkt cap ! $8.040B | |||
| Open | High | Low | Value | Volume |
| $2.64 | $2.72 | $2.63 | $51.42M | 18.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 28879 | $2.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.68 | 287620 | 11 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |