$1.50 SP, page-14

God Kenneth , unless there has been a COMPLETE change this week from the past 100 years , the stock market has always been forward thinking.
Lithium , being a relatively new commodity , is currently in a very volatile period. l suggest you think well forward for your valuing purposes.
Yes EV are going through a difficult year - with China causing the "west" huge issues , certainly affecting USA , Europe etc car industry.
But by decade end , many issues will be resolved , and if you read the plans of the large car manufacturers, battery storage for home and industry ,then l am confident the price for lithium will be far more higher than now in some years.
So , l would be valuing PLS far higher for the business , than you seem to be considering.

Yes a bloody worrying time , especially if you listen to the non holders. You need to think , with over 5000 shares on the ASX , why they concentrating on just a few lithium shares to short and put down. Or are they holding the other 5000.

l will be holding my shares for a much longer time.