At the first merest whiff of hydroxide/ carb prices decline stopping or even slowing - which (according to Matt Fernley) cannot be far away, PLS will bounce. Then, there will be a 'false reaction' to that, shorters will give it one last thrust. Last opportunity to get in for a while
As a large scale producer, if the prices tick upwards, FOMO, PLS will burst thru $4 like its nuttin'. As recommended by @dfs1 read Fernley's update. Makes sense to me. Just a few more weeks and Mr Market will look over the hurdle and see the straight.
Giddyup !
Spodumene Prices, page-3096
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Last
$3.09 |
Change
-0.070(2.22%) |
Mkt cap ! $9.305B | |||
| Open | High | Low | Value | Volume |
| $3.09 | $3.17 | $3.06 | $43.28M | 13.95M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2499 | $3.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.10 | 26336 | 2 |
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| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |