Seems like power has shifted to the buyer due to uncertain outlook for lithium pricing. This way the buyer pays PLS the market rate at time of conversion - effectively de-risking the buyers purchase price. Meanwhile if current price is on a downwards trajectory we get the short end of the stick.
Ann: Spot sale linked to hydroxide chemical pricing, page-10
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Last
$2.85 |
Change
0.055(1.97%) |
Mkt cap ! $8.563B | |||
| Open | High | Low | Value | Volume |
| $2.82 | $2.85 | $2.77 | $31.59M | 11.23M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 46 | 194920 | $2.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.85 | 468048 | 87 |
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| Last trade - 13.46pm 31/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |