Hi ROEROC.
Warren Buffett has stated that “ when others are fearful, be greedy. “
PLS strategy is to be commended.
Other spod producers and wannabes are going into hibernation or stall while PLS is expanding and locking in increased sales.
This translates to higher revenue with lower costs.
Other miners would love to be in PLSs position but are not.
PLS will be the FMG of lithium, if not bigger, imo.
As demand keeps increasing and supply does not meet this then the laws of supply and demand, like gravity, will take effect.
Sitting back and waiting for the prices to turn up and not in increments either.
Shortes be warned as I for one will be watching with a smile on my face as they get squeezed and the friction causes them to burn, imo.
Good times and happy days ahead, imo.
Well done PLS management and team.
T.
Hi ROEROC. Warren Buffett has stated that “ when others are...
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Last
$3.14 |
Change
-0.100(3.09%) |
Mkt cap ! $9.450B | |||
| Open | High | Low | Value | Volume |
| $3.19 | $3.20 | $3.10 | $101.3M | 32.04M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 274897 | $3.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.14 | 246919 | 7 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$3.13 |
Change
-0.100 ( 3.43 %) |
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| Open | High | Low | Volume | ||
| $3.17 | $3.20 | $3.10 | 15825747 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
| PLS (ASX) Chart |
