As a long-term holder of PLS shares, I have reservations about this strategy. If this were an oil company facing a glut that's driving down prices, announcing a substantial production increase might not be advisable. It could potentially exacerbate the oversupply issue and delay the recovery of lithium prices. Perhaps delaying such an announcement for 12 or 24 months, allowing for a more favorable market environment, could be a prudent approach. Thoughts?
Ann: Study Delivers 2MTPA Expansion Option - Highly Accretive, page-9
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Last
$3.00 |
Change
0.030(1.01%) |
Mkt cap ! $9.029B | |||
| Open | High | Low | Value | Volume |
| $2.96 | $3.07 | $2.93 | $75.87M | 25.21M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 239340 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 16185 | 6 |
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| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |