Since you are in ground zero, are Chinese EV taking sakes from ICE or both types are contracting?
It is fine projecting 3-5 years in advance wrt EV sales growth but if interim surplus of Li remains, PLS may face even more valuation destruction if they can’t sort out the operational ‘flaws’ and fattening up the margins. Then you have to worry about those off takes if their customers can sustainably commit to their uptake.
Back to $1, page-65
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Last
$2.41 |
Change
-0.170(6.59%) |
Mkt cap ! $7.257B | |||
| Open | High | Low | Value | Volume |
| $2.57 | $2.60 | $2.41 | $64.35M | 25.99M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 123970 | $2.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.42 | 15148 | 3 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |