"PLS as a stock pumps and dumps aggressively."
That's right. And the macro story is starting to wear thin.
Uncomfortable questions include:
a) Will the renewables roll out be as fast as you think?
b) Supply EASILY caught up with demand in 2019. Why does lithium get a free pass to another halo now?
c) Value stocks are going to look more attractive in this interest rate environment. Sorry, but lithium is a commodity at the end of the day. For Mums and Dads google "interest rates effect on commodities."
d) Share price was $1.50 three weeks ago. Pumpers may not be taking profits but pros are. See Australian Super change in substantial notice.
As holders, you are all exposed to a commodity. Many have forgotten this.
Above is not financial advice and my opinion only.
PLS - $2.54 - by 31 Dec 21. Updated., page-340
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$3.10 |
Change
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Mkt cap ! $9.335B | |||
| Open | High | Low | Value | Volume |
| $3.21 | $3.26 | $3.08 | $87.12M | 27.65M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 195050 | $3.10 |
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| Price($) | Vol. | No. |
|---|---|---|
| $3.12 | 1000 | 1 |
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