Do yourself a favour and don't read broker reports. Or at least don't waste your money subscribing to them! They're about as worthless as toilet paper. They're always many steps behind the market. In the last lithium cycle they were way behind and similarly with this cycle.
Most brokers still have forecasts well above the current price of lithium and are gradually bringing down their forecasts well after the fact. For example, Macquarie only recently reduced their $7+ price target on PLS only after it became bleedingly obvious they were spectacularly wrong.
Good News & Bad News, page-37896
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Last
$2.91 |
Change
-0.090(3.00%) |
Mkt cap ! $8.763B | |||
| Open | High | Low | Value | Volume |
| $3.02 | $3.06 | $2.90 | $43.68M | 14.76M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12200 | $2.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.92 | 3400 | 1 |
View Market Depth
| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |