I've mentioned that in the past and am in agreement, however with so much untapped ground the scope for supply being available for non Chinese customers is good.
Whilst I still hold PLS, two negatives I have about them is reliance on China and reliance on Li only.
I see higher profits and hence SP for PLS in the future so continue to hold for now.
I have a target price in mind to exit though and will chase returns elsewhere. I've done well out of PLS and will do better but I'm not in love with the stock.
Good News & Bad News, page-28690
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Last
$3.15 |
Change
-0.160(4.83%) |
Mkt cap ! $9.486B | |||
| Open | High | Low | Value | Volume |
| $3.20 | $3.22 | $3.09 | $384.4M | 121.3M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1587 | $3.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.16 | 20000 | 2 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |