PLS 0.00% $3.11 pilbara minerals limited

Why are the PLS shorts continuing to grow and now I think almost...

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    Why are the PLS shorts continuing to grow and now I think almost in the top ten, expansion downstream growth in general looks without risk and sitting on bundles of cash and looking decidedly undervalued sub $5 SP. 7% short is over $1b invested betting on a falling SP, a further fall in Spod prices, a new tech to lessen lithium demand or a slump in EV sales are all I can think of and none of that seems to be apparent from where I’m seeing things. Any suggestions to enlighten me would be welcomed.
 
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