PLS 2.13% $3.83 pilbara minerals limited

Right or wrong, this how I'm reading the broader market. To wit:...

  1. 10,780 Posts.
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    Right or wrong, this how I'm reading the broader market. To wit: Aside from the known headwinds (of the broader market) all now is predicated on the risks associated with Russia invading the Ukraine. It is this risk, which has been at the forefront of the recent retrace IMO, and will continue to be so until said risk is either resolved or culminates in war. As it stands, it looks to be a 50/50 bet, so choose your poison - no war will see a recovery in the market (to some degree), while an all out invasion (war) will most likely result in the herd mentality of running to the exits.

    That said, PLS and the lithium/battery/EV revolution will continue to gather pace regardless. Nothing will stop it now. But - by the same token, nothing will save the PLS share price from suffering the possible consequences of war in Europe, and other economic headwinds. In the long term, the passive investors in PLS will do just fine, and the players will continue to love you (PLS) while they're playing - and beyond if they're good at playing the game.

    Regardless, whether you be in the PLS audience as a passive investor or you tickle the ivories of trading a portion of your stock, it will be a long term win. And for those of you who might disparage the players in these uncertain market times, please be aware that the game can be played using a multiple of strategies - and each to their own.
 
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Last
$3.83
Change
0.080(2.13%)
Mkt cap ! $11.52B
Open High Low Value Volume
$3.90 $3.91 $3.83 $93.71M 24.26M

Buyers (Bids)

No. Vol. Price($)
6 35051 $3.82
 

Sellers (Offers)

Price($) Vol. No.
$3.84 6400 1
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Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
$3.84
  Change
0.080 ( 2.50 %)
Open High Low Volume
$3.91 $3.92 $3.83 7472288
Last updated 15.59pm 29/03/2024 ?
PLS (ASX) Chart
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