PLS 1.32% $3.06 pilbara minerals limited

Day to day discussions on S/P, page-13217

  1. 372 Posts.
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    A reputable poster here indicated that your shares in PLS cannot be shorted without
    your permission. Such is not the case in U.S. markets. In those markets you have to
    advise your broker that your shares are not available to be short sold. A good mechanism
    to use if you don't want your shares shorted is to put in a sell order at say $10. In the U.S.,
    once you do that the shares cannot be short sold. In the U.S. markets short selling has existed
    forever and is an integral part of the markets. With PLS, the shorts are winning right now because
    the price of lithium is declining. Stating the obvious, unless the company puts out really good news
    or the lithium market improves, we will remain vulnerable. The vulnerability the shorts have right now
    is a hostile takeover of the company at an attractive price or the asset sale is done at a very attractive
    price.
 
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Last
$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
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
PLS (ASX) Chart
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