Will this be the opportunity the shorts use to cover ?
Essentially that may prices may hold better than we expect as there could be extensive buying to cover the positions.
They have to cover at some point...how much longer can they wait ? What will PLS income look like when POSCO JV profits start rolling in.
I'd suggest the window is beginning to close and the shorter's right now might be looking a gift horse in the mouth type covering opportunity.
As PLS advances (and the Li industry matures) its probable that the volatility and dips will reduce in frequency, beginning when ? who knows...how far do they push it ?
Good News & Bad News, page-40046
-
- There are more pages in this discussion • 4,055 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.01 |
Change
-0.045(1.48%) |
Mkt cap ! $9.134B | |||
| Open | High | Low | Value | Volume |
| $3.03 | $3.06 | $3.00 | $30.74M | 10.14M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 120 | 599442 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 115378 | 15 |
View Market Depth
| Last trade - 15.48pm 05/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |