PLS 1.64% $3.00 pilbara minerals limited

PLS - $2.54 - by 31 Dec 21. Updated., page-340

  1. 5,477 Posts.
    lightbulb Created with Sketch. 1038
    "PLS as a stock pumps and dumps aggressively."

    That's right. And the macro story is starting to wear thin.

    Uncomfortable questions include:

    a) Will the renewables roll out be as fast as you think?

    b) Supply EASILY caught up with demand in 2019. Why does lithium get a free pass to another halo now?

    c) Value stocks are going to look more attractive in this interest rate environment. Sorry, but lithium is a commodity at the end of the day. For Mums and Dads google "interest rates effect on commodities."

    d) Share price was $1.50 three weeks ago. Pumpers may not be taking profits but pros are. See Australian Super change in substantial notice.

    As holders, you are all exposed to a commodity. Many have forgotten this.

    Above is not financial advice and my opinion only.
 
watchlist Created with Sketch. Add PLS (ASX) to my watchlist
(20min delay)
Last
$3.00
Change
-0.050(1.64%)
Mkt cap ! $9.029B
Open High Low Value Volume
$3.03 $3.06 $3.00 $41.07M 13.59M

Buyers (Bids)

No. Vol. Price($)
97 622937 $3.00
 

Sellers (Offers)

Price($) Vol. No.
$3.01 580 1
View Market Depth
Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
PLS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.