I can't understand the knockers. You can't depend too much on the day-to-day SP. The PLS fundamentals are good and lithium demand will return. So it's just a waiting game. Bitching about shorters ain't going to change anything. I don't think the dropping SP is significantly damaging this cashed-up company.
My wife and I only have 31,251 shares in PLS - we didn't borrow to get them - don't need the cash for a while - can put off selling them for at least 5yrs, perhaps longer.
It will be interesting to see how low the SP gets before it has a big switch-around. I've bought twice ($6.5K) within the last week. Now I'll hold off and wait until the upside appears and then decide whether on not to chip in another $3K-$10K at that time before a more realistic SP emerges.
Good News & Bad News, page-33679
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Last
$3.02 |
Change
0.020(0.67%) |
Mkt cap ! $9.090B | |||
| Open | High | Low | Value | Volume |
| $3.06 | $3.11 | $3.02 | $53.15M | 17.36M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 354453 | $3.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.03 | 102908 | 2 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |