short term rebound in lithium prices may be restocking. But I would be much more bullish re EV penetration in China and even more so rest of the world re both penetration and speed of increase (of course coming of a much lower base). Re swing supply - assumes a higher price in any case. We don't need a pricing environment that mirrors 2021. Achieving half that price would blow the shorts out of the water - and given the uncertainties around supply and demand that is absolutely feasible in the medium term. I think the risk is very much on the upside from where prices are now.
Good News & Bad News, page-40913
-
- There are more pages in this discussion • 4,682 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
$2.97 |
Change
0.060(2.06%) |
Mkt cap ! $8.942B | |||
| Open | High | Low | Value | Volume |
| $2.96 | $3.02 | $2.93 | $41.75M | 14.07M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 230750 | $2.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.98 | 94455 | 53 |
View Market Depth
| Last trade - 14.56pm 30/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |