Unfortunately the short term matters a lot, especially for PLS.....Lithium has been trading at 800% above the cost curve. That only happens when there is an extremely tight market (supply and demand imbalance). As a consequence lithium stocks have been trading as if the short to medium term issues are unresolvable. That has been the prevailing narrative. Now its clear that narrative is nothing more than just that - a narrative these stocks will trade at more reasonable valuations reflecting a long term market thats more balanced.
Zooming out will only serve to compound investors delusion. Sales are slowing and likely will continue to slow.
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Last
$3.02 |
Change
0.040(1.34%) |
Mkt cap ! $9.092B |
Open | High | Low | Value | Volume |
$2.95 | $3.03 | $2.93 | $51.27M | 17.13M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 8812 | $3.01 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.02 | 3200 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 8812 | 3.010 |
4 | 31023 | 3.000 |
4 | 166506 | 2.990 |
8 | 231671 | 2.980 |
6 | 36544 | 2.970 |
Price($) | Vol. | No. |
---|---|---|
3.020 | 3200 | 1 |
3.030 | 60335 | 9 |
3.040 | 20197 | 5 |
3.050 | 138495 | 16 |
3.060 | 25130 | 6 |
Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
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