Looks like you missing the point. Management keeps pushing supply out. What it does is to stop or slow new mines coming online, as they will not get funding. Once the market turns there are only a few producers standing. Same happened with iron ore.
Good News & Bad News, page-45904
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Last
$3.19 |
Change
0.080(2.57%) |
Mkt cap ! $9.606B | |||
| Open | High | Low | Value | Volume |
| $3.18 | $3.27 | $3.15 | $80.46M | 25.06M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 22572 | $3.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.20 | 15000 | 1 |
View Market Depth
| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |