PLS 0.64% $3.11 pilbara minerals limited

Anyone seen the actual MS analyst resesrch note?Another quote...

  1. 216 Posts.
    lightbulb Created with Sketch. 206
    Anyone seen the actual MS analyst resesrch note?

    Another quote from an article on it:
    "According to the data he disseminated from materials giant Sociedad Quimica y Minera de Chile, lithium exports from the company fell notably in volume and price, dropping 10% and 11%, respectively, in September on a month-over-month basis. This was due in no small part to the Chinese market, where prices cratered by a worrying 21% to fall to the lowest level since early this year."
    (NOT from a credible source - ********)

    This doesn't read true as all other data regarding lithium pricing into China shows prices have increased recently. China data shows new record high prices into October. The screenshot also qoutes prices as $55 per ton. This is obviously wrong and should be $55 per kilogram(???), not ton. So maybe a BS disinformation campaign by someone or just a typing mistake.

    If the research note is true or not does not matter in the short term as everyone is latching on to it and acting as if it is true resulting in panicked share sales.

    ... the market gives and the market takes. If the note is rubbish or fake, then the market will "give" again soon.
 
watchlist Created with Sketch. Add PLS (ASX) to my watchlist
(20min delay)
Last
$3.11
Change
-0.020(0.64%)
Mkt cap ! $9.365B
Open High Low Value Volume
$3.07 $3.13 $3.05 $43.80M 14.14M

Buyers (Bids)

No. Vol. Price($)
1 5091 $3.10
 

Sellers (Offers)

Price($) Vol. No.
$3.12 45715 18
View Market Depth
Last trade - 16.10pm 13/11/2024 (20 minute delay) ?
PLS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.