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.
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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. |
---|---|---|
$2.90 | 103550 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 127610 | 2.880 |
15 | 614989 | 2.870 |
19 | 289890 | 2.860 |
45 | 406192 | 2.850 |
11 | 61778 | 2.840 |
Price($) | Vol. | No. |
---|---|---|
2.900 | 103550 | 8 |
2.910 | 8100 | 2 |
2.920 | 527913 | 9 |
2.930 | 327955 | 13 |
2.940 | 338315 | 11 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
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