Sorry to keep harping on this growing short position, but it is
not often that you see such diverse movements. With each passing
day we see a sharp rebound in the price of lithium. And with each passing day
we see a further increase in the short position. In current Australian dollars
that short bet has now reached $918 million. That is now a very meaningful bet
and runs smack in the face of the direction of lithium prices.
Back in 2019 and early 2020 when everybody thought us retail investors
in pilbara were doomed, we knew better. But I have to admit that this current disparity
between the lithium price and our short position is like an itch I cannot reach to scratch.
Do they know something we don't. I have to admit that at 82 years old this crap really
keeps my blood flowing.
Sorry to keep harping on this growing short position, but it...
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Last
$2.86 |
Change
-0.200(6.54%) |
Mkt cap ! $8.608B | |||
| Open | High | Low | Value | Volume |
| $2.95 | $2.96 | $2.85 | $61.44M | 21.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 163532 | $2.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.87 | 44591 | 3 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |