It certainly doesnt bode well for Macquarie to write poorly researched and economically biased valuations.
As stated theres a world wide web. Investors require balanced and well reearched information.
Unfortunately they just valued PLS at 0.64.
They have no idea of the fundamentals.
Huge resource. Top grade Lithium. 12 Gigafactories coming on line. Tesla aiming for all the lithium with 500,000 EVs in 2018.
If China maintains EV growth they will surpass Teslas numbers in 2017 on cars alone.
Electric Self Storage is the other unquantified user of Lithium.
Im feel quite flippant reading posts by posters obviously downramping and ramping PLA for their 10% profits.
As pokerface said...they will be blown away like chaff in the wind.
It certainly doesnt bode well for Macquarie to write poorly...
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Last
$3.01 |
Change
0.100(3.44%) |
Mkt cap ! $9.064B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $3.02 | $2.83 | $89.14M | 30.38M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 245889 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 76015 | 16 |
View Market Depth
| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |