I believe the CCP are surprised at the success of their campaign and now confused as to how to fix this mess. The west jumped on the short compounding the issue - and refuse to move.
Gentle untangling is required to avoid a massive swing. Are they all capable? Can they coordinate their actions?
I am not sure they can.
I believe no one expected prices to stay at all time highs. Lithium was never worth that much.
But - Lithium is obviously worth more than its currently traded for.
As shareholders we are caught between a confused market and a desperate oil industry.
It's a shame, but in reality can only possibly resolve to the upside.
My bet- Reality wins in the end.
Patience is required.
Selling atm is for fools.
IMO.
Good News & Bad News, page-45050
-
- There are more pages in this discussion • 17 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
$2.93 |
Change
0.075(2.63%) |
Mkt cap ! $8.790B | |||
| Open | High | Low | Value | Volume |
| $2.91 | $2.95 | $2.86 | $19.81M | 6.810M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 43 | 259743 | $2.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.93 | 104188 | 38 |
View Market Depth
| Last trade - 11.56am 14/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |