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.
God Kenneth , unless there has been a COMPLETE change this week...
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Last
$3.14 |
Change
-0.055(1.72%) |
Mkt cap ! $9.395B | |||
| Open | High | Low | Value | Volume |
| $3.17 | $3.19 | $3.12 | $18.48M | 5.893M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 45420 | $3.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.14 | 76320 | 52 |
View Market Depth
| Last trade - 13.31pm 15/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |