PLS is on a high multiple based on the bust cycle lithium prices. They will change dramatically once prices rise again.
The survivors will multiply double or triple. The carcasses will be eaten up by the winners.
PLS did this with AJM. In last cycle.
PLS needs to keep growing through the cycle and pick up distressed assets ready for the next boom. Manage and keep a strong balance sheet for optionality.
We has holders need to accumulate.
Good News & Bad News, page-44653
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Last
$2.98 |
Change
0.110(3.83%) |
Mkt cap ! $8.969B | |||
| Open | High | Low | Value | Volume |
| $2.99 | $3.10 | $2.95 | $98.90M | 32.90M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 16986 | $2.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.98 | 175531 | 5 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |