Teenar,
I don't disagree with what you said. But that is beside the point.
The point is that what happened today; the price of Li dropped and the sp of Li miners rose. That contradicts what malmanu said and what many people believe that the sp of Li miners follows the price of Li.
Today we see the evidence that the sp of Li miners doesn't follow the price of Li. And that actually supports what I said sometime ago that the price of Li will follow the sp when the accumulation phase is pushed up to the Markup phase.
Let's observe and take note their correlation.
PLS chart, page-22089
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Last
$3.01 |
Change
0.035(1.18%) |
Mkt cap ! $9.089B | |||
| Open | High | Low | Value | Volume |
| $2.96 | $3.07 | $2.93 | $62.14M | 20.63M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 94 | 198901 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 200054 | 55 |
View Market Depth
| Last trade - 15.16pm 03/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |