I think it will follow iron ore cycle. Iron ore is supposed to be easy ramp up and big four producers are enjoying low production cost at around USD$20/ton, but iron ore price is still surpassing USD$100/ton, which is crazy.
EV mass adoption is not even starting.
Good News & Bad News, page-6363
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Last
$3.05 |
Change
-0.005(0.16%) |
Mkt cap ! $9.164B | |||
| Open | High | Low | Value | Volume |
| $3.03 | $3.06 | $3.01 | $14.83M | 4.887M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 55 | 190633 | $3.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.05 | 188727 | 55 |
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| Last trade - 12.38pm 05/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |