Based on the current market depth (2:1 in favour of sellers) there are two scenarios.
(1) The sellers have hold of this and the price is going to test recent lows, or
(2) This is the greatest head fake by the market-maker and we will see a bounce of epic proportions.
There is little doubt the BEOT are in the driving seat, but it is not clear whether or not we are at (or near) a significant pivot point. All lithium stocks are in the same basket and all are being treated with contempt. Why treat the best stock in a sector the same way as the worst stock? Shouldn't we see some basic fundamentals creep back in the stock-specific investment analysis?
On most metrics PLS is now oversold. When will the market wake up to this??
Ann: Downstream Partnering Outcome - Study commences with Ganfeng, page-72
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 (20min delay)
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Last
$4.14 |
Change
-0.030(0.72%) |
Mkt cap ! $12.46B | |||
| Open | High | Low | Value | Volume |
| $4.19 | $4.22 | $4.11 | $64.82M | 15.63M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 96377 | $4.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.14 | 150292 | 11 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$4.13 |
Change
-0.030 ( 1.08 %) |
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| Open | High | Low | Volume | ||
| $4.18 | $4.22 | $4.11 | 5188310 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| PLS (ASX) Chart |