Li prices is driven by the demand for Li used productions like cars and batteries.
That is drive by rates - higher rates for longer will dampen demand for cars and batteries and therefore Li price drop
Market needs to go into recession and when it start to come out of the recession - you will see demand for Li improve.
Also, most car and ev factories in the US are planned to be in production by 2025-2027.
Also, when jhina property debt crisis can be resolved - i think it will be a long time into 2025.
Just how low pls will drop is anybody guess - worst case $3 or lower.
- Forums
- ASX - By Stock
- PLS
- Good News & Bad News
Good News & Bad News, page-34251
-
- There are more pages in this discussion • 11,412 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PLS (ASX) to my watchlist
|
|||||
Last
$2.97 |
Change
0.000(0.00%) |
Mkt cap ! $8.942B |
Open | High | Low | Value | Volume |
0.0¢ | $3.02 | $2.93 | $370 | 100 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8528 | $3.20 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.74 | 3276 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 92502 | 2.880 |
18 | 244122 | 2.870 |
17 | 310826 | 2.860 |
44 | 266224 | 2.850 |
25 | 221122 | 2.840 |
Price($) | Vol. | No. |
---|---|---|
2.890 | 3635 | 4 |
2.900 | 166472 | 10 |
2.910 | 148412 | 4 |
2.920 | 73122 | 6 |
2.930 | 3061 | 2 |
Last trade - 09.58am 02/09/2024 (20 minute delay) ? |
Featured News
PLS (ASX) Chart |
Day chart unavailable
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online