Not sure how the market will react.
On one hand, more spod is locked in at China spot price, which so far this year and if the outlook prevails will be a material negative (If you believe oversupply narrative).
If the market tightens again, PLS win and win big.
Market probably doesn't react at all and PLS just sells off in line with U.S markets.
Ann: Pilbara Minerals Expands Ganfeng Offtake Agreement, page-4
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Last
$2.92 |
Change
-0.060(2.01%) |
Mkt cap ! $8.789B | |||
| Open | High | Low | Value | Volume |
| $3.00 | $3.01 | $2.91 | $68.57M | 23.32M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 33426 | $2.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.93 | 27520 | 3 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |