PLS 1.32% $2.98 pilbara minerals limited

PLS chart to start 2019, page-933

  1. 372 Posts.
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    At times like this, the bashers of the stock keep reminding us "to follow the money" and "the trend is your friend."
    If I was a day trader or short term investor these old sayings might be a good guide. As a long term investor I also
    believe in follow the money. In this respect I do not look at increasing short sales, but instead, I look at the tens and tens
    of billions of dollars being invested in EV's by the automobile industry. Yes, as a long term investor in this company
    the trend is my friend as I look at the sharp increase in the build out of so many battery plants. Sure this steady errosion
    in share price is disheartening. But this is more than offset by the steady improvement of the fundamentals upon which
    I originally made this investment.

    One last point. There are currently about 150 million shares short or about $90 million. One giga factory cost substantially
    more than that to build and there are over 70 being built ! That's the money I'm following.
 
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Last
$2.98
Change
-0.040(1.32%)
Mkt cap ! $8.969B
Open High Low Value Volume
$3.01 $3.01 $2.95 $52.16M 17.48M

Buyers (Bids)

No. Vol. Price($)
1 167 $2.98
 

Sellers (Offers)

Price($) Vol. No.
$2.99 53875 10
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Last trade - 16.10pm 18/07/2024 (20 minute delay) ?
PLS (ASX) Chart
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