PLS 2.06% $2.97 pilbara minerals limited

The best way to burn shorters is to make money. We're the only...

  1. 5,752 Posts.
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    The best way to burn shorters is to make money. We're the only few ASX Li players that make the most out of this high price period. I wouldn't mind the price to come down a bit if supply and demand works that way. But at the moment, there is no market where we openly buy and sell Li ores. I think battery and Li products manufacturers have been making great money when EV was still at immature time. But since every car, truck makers embark on the future, we see a large imbalance between supply and demand. It will take time for this critical element to come down and it will but when? If we run well for another year, PLS can make net cash of about half of today market cap. PLS share price is ridiculously low. Just sell Li spod at high price on auctions one after another, we will see who get burnt.
 
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$2.97
Change
0.060(2.06%)
Mkt cap ! $8.942B
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$2.96 $3.02 $2.93 $100.8M 33.97M

Buyers (Bids)

No. Vol. Price($)
4 716181 $2.97
 

Sellers (Offers)

Price($) Vol. No.
$2.98 235000 1
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Last trade - 16.10pm 30/08/2024 (20 minute delay) ?
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