PLS 1.32% $3.06 pilbara minerals limited

PLS chart, page-21670

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    It’s probably reflective of what bigger money (in general) is doing with lithium right now - I.e. they still view the potential for further downside as outweighing the risk of upside catalysts in the short term.

    Also, a significant amount of the short money is probably related to funds with a short mandate - I.e. shorts view lithium as the best place for capital looking to short a sector of the market - it’s difficult to find another sector to short given equity markets are back in bull mode.
 
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