All I can point to for us retail investors to keep in mind is who is invested in the negative lithium story? S&P Global is the company that owns Platts.
Platts publishes this negative downward trajectory narrative we see Timber keep referencing.
Timber (a non holder) comes on here harping on with an earnestness that Platts is a trustworthy source and something that we should take note of as what they say represents some apparent “truth” we should all take on board to help us make better informed investment decisions.
Well as reported recently on 29 June the top 4 owners of said company was 1. Vanguard, 2. Black rock, 3. StateStreet and yours truly at 4th position JP Morgan.
So imo when the top 4 largest shareholders of S&P Global which is the company that controls the information fed to market via the Platts brand are the same mob behind the shorting then I smell foul play and manipulation.
If they didn’t think energy transition is happening and PLS wasn’t a key player do you really think they’d not use any means or half truths to ride the fear and greed to the extent they can. For me I’m holding and waiting for the bounce…it’s on it way imo. GLTLTH
DYOR
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Last
$2.98 |
Change
-0.030(1.00%) |
Mkt cap ! $8.974B | |||
| Open | High | Low | Value | Volume |
| $3.00 | $3.11 | $2.97 | $82.16M | 27.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 65571 | $2.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.99 | 7500 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |