It's interesting that Li is a chemical product not a commodity. There is no warehouse or stockpile or traders (?). If there is such, someone like long term offtaker out there would be happy to change hand for a nice profit already. All offtakers need the ore for there product, not to trade. Trading or eventually a market will determine price correctly. But if a punch of offtaker/manufacturers determine the price for themselves not by the market then Li obviously under priced. I think that got to change when the world go crazy for it to transform to low carbon energy.
It's interesting that Li is a chemical product not a commodity....
-
- There are more pages in this discussion • 72 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.93 |
Change
0.140(5.02%) |
Mkt cap ! $8.819B | |||
| Open | High | Low | Value | Volume |
| $2.82 | $2.93 | $2.77 | $65.23M | 22.81M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3424 | $2.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.94 | 170199 | 9 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |