"...so it’s going to take years and it will be a gradual increase in demand and production."
That conclusion does not follow from the data. Data is simply an historic diagram of the past in a limited period. It does not guarantee anything about the course of future events. The further you get from the end of the data period the greater the chance of significant deviation - 'the expanding funnel of doubt'.
Much more important will be whether or not the Chinese Government up their subsidies and that may well depend on how the trade war pans out.
Good News & Bad News, page-3468
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.85 |
Change
-0.150(5.00%) |
Mkt cap ! $8.582B | |||
| Open | High | Low | Value | Volume |
| $2.95 | $2.98 | $2.83 | $92.31M | 32.06M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 46000 | $2.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.86 | 89829 | 11 |
View Market Depth
| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |