PLS 3.02% $3.07 pilbara minerals limited

This has to be one of the longest periods a stock has ever been...

  1. 6,671 Posts.
    lightbulb Created with Sketch. 3925
    This has to be one of the longest periods a stock has ever been the # 1 shorted stock on the ASX. Especially at such an extreme level. IMO, it just shows how desperate they are to own this company. The intriguing thing is, if they are so correct in their strategy, why aren't they adding to positions, taking it well above 22% and absolutely decimating the price? The % of fickle retail holders has dwindled to low levels. IMO, many of the 28% are die hard so they scraping the barrel now. In a strange way, it's comforting that 22% short has only taken PLS to $3. My goodness, what will the price be when the Lithium supply rebalances at a price to incentivise enough supply for the transition.

    https://hotcopper.com.au/data/attachments/6371/6371105-a4d3fb66d63ca8d9d5b771ce6450fc6e.jpg
 
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Last
$3.07
Change
0.090(3.02%)
Mkt cap ! $9.197B
Open High Low Value Volume
$3.05 $3.09 $3.02 $74.82M 24.46M

Buyers (Bids)

No. Vol. Price($)
1 750 $3.05
 

Sellers (Offers)

Price($) Vol. No.
$3.07 10000 1
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Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
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