PLS 2.86% $3.06 pilbara minerals limited

Ann: Dividend/Distribution - PLS, page-143

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  1. 536 Posts.
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    No FOMO before announcement of dividends…

    Its just macro environment that heavily determine the rise & fall of SP…

    Jackson Hole meeting fears triggered a mini-sell off of broad market, eventually recovered as Fed Powell didn’t say too hawkish like last year ….

    Few weaknesses/facts in annual reports led to Institutional shorts selling fast….

    Like last time, SP hit the lower boundary of Bollinger bands and bounced hard immediately….

    With macro turning positive (S&P500 up 1.5% overnight) and US lithium big dogs + LIT ETF+ Tesla showing signs of good rebound….
    PLS will be back above $5 sooner, might hit upper boundary of Bollinger band( who knows) …


 
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$3.06
Change
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No. Vol. Price($)
34 147962 $3.05
 

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Price($) Vol. No.
$3.06 11833 7
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