What should the price do, when the company continually increases the most sort after resource in the world, and has $110m in the tin tank? And the quality?
Simple supply demand equation. Limited supply, escalating demand.
(me thinks these types of questions are a good sign ie. someone wants in at a lower sp...)
SPP effect on SP, page-92
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Last
$2.69 |
Change
-0.100(3.58%) |
Mkt cap ! $8.100B | |||
| Open | High | Low | Value | Volume |
| $2.76 | $2.76 | $2.64 | $113.9M | 42.48M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 171620 | $2.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.69 | 87000 | 2 |
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| PLS (ASX) Chart |