As a long-term holder of PLS shares, I have reservations about this strategy. If this were an oil company facing a glut that's driving down prices, announcing a substantial production increase might not be advisable. It could potentially exacerbate the oversupply issue and delay the recovery of lithium prices. Perhaps delaying such an announcement for 12 or 24 months, allowing for a more favorable market environment, could be a prudent approach. Thoughts?
As a long-term holder of PLS shares, I have reservations about...
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Last
$3.14 |
Change
0.025(0.80%) |
Mkt cap ! $9.540B | |||
| Open | High | Low | Value | Volume |
| $3.16 | $3.18 | $3.12 | $38.61M | 12.24M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 195663 | $3.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.14 | 326193 | 62 |
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| Last trade - 13.29pm 25/06/2024 (20 minute delay) ? |
| PLS (ASX) Chart |