That the function of a squeeze. I'm asking what is the catalyst... the share buy back? but that just works in favour of the shorters. Deploying the $2b war chest to buy a project? Nothing I can think of will help right now. Even with a take off agreement the prices are dropping and unfortunate to negotiate with price margins (leaving a lot on the table)
A random thought is like CATL rebuying a 4% stake into the company. Something like this is significant.
Good News & Bad News, page-33442
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Last
$2.87 |
Change
-0.100(3.37%) |
Mkt cap ! $8.656B | |||
| Open | High | Low | Value | Volume |
| $2.86 | $2.89 | $2.84 | $15.13M | 5.276M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 130984 | $2.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.88 | 78044 | 15 |
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| Last trade - 10.51am 02/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |