Analysts and X commentators are suggesting a potential loss in FY24 due to lower sales prices, mine expansions and CAPEX adjustments, ergo potentially no dividend. Some are saying sp of $2.85 (sub $8bn mc) or a other analysts price target of $3.40ish.
Sub $3 should spark some very good buy opportunities for the following years when POSCO will see a return, the potential longer term rise in lithium price and added sales from mine expansion. \
PLS should be well cashed for this kind of event, but in any state if it looks like a bad year for sales growth it will sting in the short term.
I'm personally holding and looking for a chance to increase holdings if such an event occurs, if not I''m still happy with the holdings I have.
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Last
$2.85 |
Change
-0.030(1.04%) |
Mkt cap ! $8.582B |
Open | High | Low | Value | Volume |
$2.87 | $2.89 | $2.82 | $51.48M | 18.09M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6942 | $2.84 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.85 | 129885 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1765 | 2.830 |
8 | 43622 | 2.820 |
21 | 318826 | 2.810 |
39 | 410288 | 2.800 |
11 | 240462 | 2.790 |
Price($) | Vol. | No. |
---|---|---|
2.850 | 129885 | 1 |
2.860 | 58146 | 7 |
2.870 | 44743 | 5 |
2.880 | 62845 | 6 |
2.890 | 13000 | 3 |
Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
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