I've taken a position in PLS over the last few days.
It seems good value to me at these levels.
If the macro situation settles down and people become more comfortable, then should be back over $1 in no time. Seems the market is a bit jittery still - especially on a Friday.
But 84 cents will do me and I will make good money on these parcels in the medium term. They will likely be hard to let go of though as the demand for Lithium keeps increasing.
I don't know why anyone would sell their shares at these levels unless they were desperate for cash.
Madmacs - PLS Chart Legend Tribute Month !, page-610
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Last
$2.90 |
Change
0.020(0.69%) |
Mkt cap ! $8.732B | |||
| Open | High | Low | Value | Volume |
| $2.86 | $2.94 | $2.80 | $102.1M | 35.55M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 314863 | $2.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.91 | 20820 | 2 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |