FMG went to $13.15 in 2007 the the mining tax came along and that saw it free fall then the GFC came along
and the GFC 2.
The pandemic was 30 times worse than the GFC we we are doing quite well in this country.
Rest of the globe in strife though and now power hungry so lithium stocks booming along with
solar panel companies.
FMG in 2007 got as low as $1.13 the slow rise and the bounce upwards and got as high as $26 or so before
the iron ore price fell.
The only thing that will halt or send PLS south quickly if is China does something stupid like invade Taiwan.
ABC web site stating we should expect a war soon. Would China be that foolish is the big question.
So assuming China does not attack its neighbour then PLS will go higher faster nit just 10c movements but 30c to 50c movements upwards.
PLS chart, page-7885
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Last
$3.07 |
Change
-0.190(5.83%) |
Mkt cap ! $9.239B | |||
| Open | High | Low | Value | Volume |
| $3.19 | $3.20 | $3.07 | $96.53M | 30.85M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 815921 | $3.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.08 | 309816 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PLS (ASX) Chart |