As a PLS shareholder of course I like to see the share price going up and unhappy when it falls.
BUT
What is apparent to me is that the whole of Lithium/EV Supply and Demand cauldron is bubbling furiously with lots of big vested interests trying to push their agendas. I think that all prices will settle down and even out given a bit of time.
But surely nobody can dispute that the transition from ICE to EV is unstoppable. Perhaps we are in the 'growing pains' phase where price ranges are elastic on both sides. I have an ICE, but want an EV. There are billions of people like me. Demand will rule the day.
For current Lithium producers with cash in the bank the future looks pretty good, but for those yet to become producers and needing finance then life will be hard. Low prices is not an incentive to get a mine producing.
Seems to me that High Prices and Low Prices are good for PLS either way.
Hey- Did I mention that I am getting a dividend on Friday?
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Last
$4.18 |
Change
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Mkt cap ! $12.58B |
Open | High | Low | Value | Volume |
$4.13 | $4.20 | $4.11 | $86.61M | 20.81M |
Buyers (Bids)
No. | Vol. | Price($) |
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11 | 1408666 | $4.18 |
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Price($) | Vol. | No. |
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4 | 26009 | 4.160 |
3 | 100243 | 4.150 |
2 | 83000 | 4.140 |
8 | 30742 | 4.120 |
Price($) | Vol. | No. |
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4.190 | 146728 | 13 |
4.200 | 764623 | 97 |
4.210 | 152051 | 19 |
4.220 | 153390 | 20 |
4.230 | 25596 | 5 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
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Change
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