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.
I can't understand the knockers. You can't depend too much on...
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Last
$3.00 |
Change
-0.080(2.60%) |
Mkt cap ! $9.149B | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.11 | $2.99 | $34.19M | 11.28M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 101 | 637059 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 354807 | 81 |
View Market Depth
| Last trade - 12.58pm 02/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |