Yikes! US$1650/t for SC6. And PLS only produces SC5.3! I'm struggling to see how current valuation of PLS is supported if these prices persist and go even lower, as many market participants are predicting. At those prices PLS is spitting out profit probably less than half a billion annually and a piss ant dividend, if any.
Africa is causing a lot of pain for spod pricing. China know how to do things quickly.
Good News & Bad News, page-35481
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Last
$2.77 |
Change
-0.070(2.46%) |
Mkt cap ! $8.430B | |||
| Open | High | Low | Value | Volume |
| $2.83 | $2.83 | $2.74 | $38.02M | 13.60M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 60 | 567568 | $2.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.77 | 247976 | 80 |
View Market Depth
| Last trade - 15.32pm 03/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |