It does not seem to matter what PLS's future profits will be, it doesn't seem to matter what our current profits are, . . . . . it doesnt seem to matter that there will be a lithium shortage for 10 years, (and Mr Market knows it).
Also, doesn't seem to count what future expansion plans are, greening of processes, joint venture with POSCO, etc etc.
Buy the rumor - sell the fact? The fact of 5995 US / ton.
Is Mr Market 'nervous' about who it is that will replace KB ? Other than that, other influences may still be the war, the change of government, but surely these things are counterbalanced by the more 'pro green' policies of Labour.
So I am at a loss to explain this fall, it should have moved in the opposite direction.
Good News & Bad News, page-10554
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Last
$3.01 |
Change
0.100(3.44%) |
Mkt cap ! $9.064B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $3.02 | $2.83 | $89.14M | 30.38M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 245889 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 76015 | 16 |
View Market Depth
| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |