US dow jones down 1100 points.
Its sell time.
I'll be selling all my PLS.
Its going to drop very hard today.
It could well open at $2.50 and be low $2 by days end and could drop to $1.
Its a very big world wide stock market crash bigger than the pandemic crash of early 2020.
Sell sell sell.
PLS the way spod is in free fall will soon have to halt production. They may well be losing money now.
Last quarter the spod av was $1100US/T yet PLS was selling their lower grade at $840US/T.
Spod down into the $800US/T range now so they may well be selling it for under $600US/T.
Other far larger miners have halted.
China flooding the market with very cheap spod backed by the Chinese government.
World about o go into a nasty recession.
Can always come back when its safe to do so and when spod is not looking so bleak.
Spodumene Prices, page-4651
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.80 |
Change
-0.030(1.06%) |
Mkt cap ! $8.429B | |||
| Open | High | Low | Value | Volume |
| $2.81 | $2.89 | $2.79 | $52.63M | 18.65M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 263602 | $2.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.82 | 8000 | 1 |
View Market Depth
| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |