Put it this way, every manufacturer says that the reason why an EV is very expensive still is because of the battery costs. Now in order for EV uptake to increase then price has to come down, including the price of the spodumene itself. So there will be no increase in spodumene price. The only thing left to do is to reduce operational costs, which PLS seems to not be able to do. The only way PLS is going to be able to survive is if it can produce a positive cashflow...the question is how? Especially with all the massive amount of debt and its associated interests?
Good News & Bad News, page-1853
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Last
$3.10 |
Change
0.050(1.64%) |
Mkt cap ! $9.335B | |||
| Open | High | Low | Value | Volume |
| $3.21 | $3.26 | $3.08 | $87.12M | 27.65M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 195050 | $3.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.12 | 1000 | 1 |
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| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |