Don't disagree with what you're saying but there's some mitigation that some perhaps aren't factoring in.
315kt of spod which a vast majority has been sold in the spot market stops being sold on spot and gets redirected to the POSCO JV and is locked away for the next 20 years.
Good News & Bad News, page-34653
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Last
$2.92 |
Change
0.070(2.46%) |
Mkt cap ! $8.793B | |||
| Open | High | Low | Value | Volume |
| $2.90 | $2.97 | $2.87 | $100.5M | 34.43M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 490422 | $2.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.93 | 56326 | 3 |
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| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |