My take is that Lithium market sentiment has not arrived capitulating point yet. Wait for PLS to drop below $2.5/s and that might be the time near bottom.
Looking at "margin" is meaningless. We need net profits. At this stage, I don't think any company, even PLS, is making profits. Though the Yanks are very capable of manipulating the market. Who knows when they will turn direction. May be better putting up with the pain at this stage so as not to miss the rebound.
My take is that Lithium market sentiment has not arrived...
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Last
$3.95 |
Change
0.000(0.00%) |
Mkt cap ! $1.399B | |||
| Open | High | Low | Value | Volume |
| $3.99 | $4.01 | $3.91 | $6.639M | 1.678M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5671 | $3.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.97 | 751 | 1 |
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| Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
| LTM (ASX) Chart |