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 ?
Will this be the opportunity the shorts use to cover...
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Last
$4.14 |
Change
-0.030(0.72%) |
Mkt cap ! $12.46B | |||
| Open | High | Low | Value | Volume |
| $4.19 | $4.22 | $4.11 | $64.82M | 15.63M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 96377 | $4.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.14 | 150292 | 11 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$4.13 |
Change
-0.030 ( 1.08 %) |
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| Open | High | Low | Volume | ||
| $4.18 | $4.22 | $4.11 | 5188310 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| PLS (ASX) Chart |