PLS made a profit because they managed to average a lithium price much higher than where it is now. I believe they will actually make a loss for this half of the year if prices remain at the level it is now.
There is no doubt that LTR are losing money as of today. It is just a matter of how much and how long they can sustain it for if prices continue to remain depressed.
ASX Today, page-43159
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Last
82.0¢ |
Change
0.020(2.50%) |
Mkt cap ! $1.988B | |||
| Open | High | Low | Value | Volume |
| 80.0¢ | 82.5¢ | 78.0¢ | $7.205M | 8.938M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 112249 | 81.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.0¢ | 55593 | 2 |
View Market Depth
| Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
| LTR (ASX) Chart |