It makes sense because big end of town isnt invested in Lithium Sector nor are the mainstream investors in a direct way.
Sure there is a few but in general most own it via passive funds.
Note: looking at TOP 20 Significant Holding and seeing 15 has major banks as an indication as Big Boys own PLS is wrong.
All 15 are Nominee accounts and nominee acounts usually mean retail investors who likely have no idea but invested in ESG or ASX Index ETF and super/managed funds of retail investors.
Non the wiser RETAIL will/have been pulling money out of side assets like passive ETF or change their super mix with inflation/ukraine/Interest fears and these nominee acounts buy/sell on mandates not how well it is doing or not.
Seeing GF and Catl is great but outside of Lithium investors Echo Chamber no one knows them.
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Open | High | Low | Value | Volume |
$2.70 | $2.81 | $2.69 | $51.92M | 18.83M |
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8 | 603338 | 2.740 |
6 | 64822 | 2.730 |
5 | 67617 | 2.720 |
5 | 58153 | 2.710 |
Price($) | Vol. | No. |
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2.770 | 196948 | 3 |
2.780 | 5400 | 3 |
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