The cost and production numbers are both ‘strong’, but all it’s done is reinforce the shorts thesis I.e. producers are willing to keep dumping output into China and until producers like PLS start using some discipline - SC6 prices aren’t going to rebound.
Producers desperately trying to increase production when global supply is clearly running ahead of demand is always going to result in one outcome - shorts will decimate your market cap and China continues to have no reason to pay more for your product.
The cost and production numbers are both ‘strong’, but all it’s...
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Last
$2.56 |
Change
-0.020(0.78%) |
Mkt cap ! $7.558B | |||
| Open | High | Low | Value | Volume |
| $2.61 | $2.65 | $2.49 | $58.28M | 22.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 65 | 123758 | $2.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.57 | 367379 | 116 |
View Market Depth
| Last trade - 15.44pm 05/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |