Some good little tidbits in Money of Mine podcast. So word from the fundies is PLS is shorted because of expected lower Lithium price and,,,, what they are going to do with the cash in bank.
Smoke and mirrors for sure. So a company is being punished because they think PLS has too much cash and will squander it. I’ve heard it all now.
I would think a high debt level at 9% and taking minority stakes in multiple Lithium hopefuls with no clear path to production yet or a return in the medium term, would be more a target for shorters. Go figure.
Sam Berridge says it himself about supply. Doesn’t expect Brine and non conventional sources to come online, as being plugged into spreadsheets by FIBO.
- Forums
- ASX - By Stock
- PLS
- Good News & Bad News
Good News & Bad News, page-35874
- There are more pages in this discussion • 7,380 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
(20min delay)
|
|||||
Last
$3.78 |
Change
0.065(1.75%) |
Mkt cap ! $11.16B |
Open | High | Low | Value | Volume |
$3.75 | $3.78 | $3.75 | $6.338M | 1.668M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 24807 | $3.77 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.78 | 120103 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 9326 | 3.750 |
15 | 104483 | 3.740 |
13 | 92310 | 3.730 |
12 | 59849 | 3.720 |
22 | 82047 | 3.710 |
Price($) | Vol. | No. |
---|---|---|
3.760 | 71189 | 19 |
3.770 | 155393 | 20 |
3.780 | 123774 | 17 |
3.790 | 111783 | 16 |
3.800 | 169884 | 28 |
Last trade - 10.14am 06/06/2024 (20 minute delay) ? |
|
|||||
Last
$3.76 |
  |
Change
0.065 ( 1.62 %) |
|||
Open | High | Low | Volume | ||
$3.76 | $3.78 | $3.75 | 468384 | ||
Last updated 10.31am 06/06/2024 ? |
Featured News
PLS (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non-Executive Director
Simon Kidston
Non-Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online