And. PILBF now down a smidge. The usual algo plug in variable, sell the news.
US markets up, Li stocks up big. The disruption continues and the broader investment community cottons on.
Where are they now? Most are reluctantly jumping on as their FUD isn’t having the effect it once did. The days of hoping for super cheap entries are over, IMO.
The webcast yesterday highlighted the prickly situation converters are in. Doesn’t sound like PLS will have any tolerance for difficult contract pricing negotiations. Wear it or move on. It still takes time. This will be their last quarter of low 4k’s. More to spot as contracts expire. If/when midstream comes on line, a range of product to place on BMX. I suspect in the coming years, desperate customers will be offering overs for long term off takes. Spot and contract prices may even flip.
Good News & Bad News, page-17361
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Last
$2.91 |
Change
-0.090(3.00%) |
Mkt cap ! $8.761B | |||
| Open | High | Low | Value | Volume |
| $2.99 | $2.99 | $2.90 | $69.17M | 23.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 68954 | $2.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.92 | 1712 | 1 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |