"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.
"PLS as a stock pumps and dumps aggressively."That's right. And...
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Last
$2.98 |
Change
0.110(3.83%) |
Mkt cap ! $8.969B | |||
| Open | High | Low | Value | Volume |
| $2.99 | $3.10 | $2.95 | $98.90M | 32.90M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 16986 | $2.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.98 | 175531 | 5 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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