PLS from its peak in 2017 to its bottom in 2020 lost 88.79%.
That was at a time BEFORE massive EV demand, lithium price, global decarbonisation etc.
We have now as of today lost close to 86% in less than 18 months, in an enviroment where indexes are at ATH's, demand and sales are growing in our sector etc. We should be a lot goddamn higher and more liquid than this shit.
Yes the price has fallen, but it has fallen under incentive price and sustanability price. It has now cut its nose off to spite its face. NOTHING in the west will get built at these prices therefore nothing will come online, therefore massive supply shortfalls.
Demand is still increasing, ev sales are still going up. Gigafactories are still wanting product.
What is actually going on?
PLS from its peak in 2017 to its bottom in 2020 lost 88.79%....
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22.5¢ |
Change
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Mkt cap ! $58.63M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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