China important dependence for lithium reached 85% last year, this is before mass adoption of electric cars. CATL is the largest EV battery supplier in China, they have to secure lithium assets, it's a strategic move. It's good for PLS holders, but I don't think it will send share price back to your dreaming level $5. Unfortunately, probably only 40s.
Ann: Pilbara Minerals Equity Capital Raising, page-134
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$3.06 |
Change
0.040(1.32%) |
Mkt cap ! $9.210B | |||
| Open | High | Low | Value | Volume |
| $3.04 | $3.12 | $3.02 | $47.88M | 15.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 321604 | $3.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.07 | 269930 | 12 |
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| PLS (ASX) Chart |