While there're large open shorts, there have to be some price capping/manipulation activities.
However, if price goes up quickly, some of them have to start covering, then driving price further up.
Based on realised spodumene price (6%) at USD$750/t for PLS, that would be sufficient to justify $1/share, then probably $1.80/share for adding stage 2, imo.
November and December new energy vehicle sales are usually highest in the year in China, I can't think much negative news that would put pressure on share price in the near future.
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Last
$2.84 |
Change
-0.130(4.38%) |
Mkt cap ! $8.550B |
Open | High | Low | Value | Volume |
$2.86 | $2.91 | $2.84 | $43.32M | 15.11M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
32 | 456378 | $2.84 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.85 | 101000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
31 | 451378 | 2.840 |
19 | 557106 | 2.830 |
24 | 288599 | 2.820 |
23 | 147126 | 2.810 |
113 | 565085 | 2.800 |
Price($) | Vol. | No. |
---|---|---|
2.850 | 101000 | 2 |
2.860 | 243859 | 7 |
2.870 | 69739 | 4 |
2.880 | 280225 | 4 |
2.890 | 33141 | 6 |
Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
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