Who knows. Maybe someone here has a crystal ball?
After a long year, PLS is about to have a momentum. Has had decent quarter earnings (despite lithium prices weakness).Now is buying Altura which puts PLS into a big lithium supplier power. 2021 is meant to be only the beginning of more and more electric cars on road, so the lithium price will rise. Yes, Covid has slowed down things further but many companies are suffering this, we are not the only ones. I’m sure it won’t take long before the release of the vaccine, hopefully by 6moths it will be done. All IMO
Maybe investors like you and me are still cautious and don’t feel like going back to 3.5c or lower. However This is unlikely to happen anymore. The big investors like Australian Super know where the lithium price is heading. They wouldn’t put that much money on the table.
Yes, PLS may see few days of slight downs but will be mainly up IMO.
Cheers to the holder and buyers. Bye bye to sellers
Ann: Quarterly Activities Report, page-69
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Last
$3.16 |
Change
0.170(5.69%) |
Mkt cap ! $9.515B | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.20 | $3.05 | $117.6M | 37.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 72180 | $3.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.17 | 222212 | 12 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |