It looks like Li price will hold well up to Xmas and beyond. But just talk about Xmas, we would have around A$2b in the bank or 20% of the market cap at today sp. Despite the great run from last year to now, PLS sp is still valued at some long term much lower Li price. It's quite obvious that EV makers are willing to pay high price from refiners to have materials for their batteries. This is because of the lack of supply and therefore Li miners is gaining the larger share of the profit. The issue is not with the refiners but the lack of raw Li from miners.
Good News & Bad News, page-13656
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Last
$3.16 |
Change
-0.030(0.94%) |
Mkt cap ! $9.516B | |||
| Open | High | Low | Value | Volume |
| $3.17 | $3.19 | $3.06 | $50.14M | 15.97M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 49357 | $3.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.17 | 74794 | 5 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |