The simple answer IMO is Instos and deep pocketed investors with long term ideals - that is why PLS is being soo shorted atm - so that 'they' can accumulate. As we all know Lithium is currently in limbo, it's a situation ideal for shorting whilst the market is awaiting the associated industries to really gear up with the inevitable demand and re-rated pricing that will follow.
It is turning into a longer term game than most here anticipated - but for those who can/are able to hold this stock long term the anticipated rewards will come.
GLTAH
Good News & Bad News, page-45999
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Last
$2.88 |
Change
-0.040(1.37%) |
Mkt cap ! $8.673B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $2.96 | $2.88 | $50.87M | 17.45M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 127610 | $2.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.90 | 103550 | 8 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |