So Lithium has dropped from it's high of US$85,904.50 per ton to US$78,388.04 per ton at current exchange rate. Worst case, put out by Citi Group, US$60,000.00 per ton.
Jimmy even as person with no skin in the game, despite decremental pricing surely you can see Lithium at today's price is very healthy and that commodity prices are always going to be cyclical to a lesser or greater extent.
Just do not get why a few people gloat and participate in gladiator spectator sport. A minority of people enjoy the sight of blood I guess.
PLS from a technical stance is not looking so crash hot, at this point in time, but from a fundamental point this company is set up for some pretty amazing results moving forward IMO.
PLS chart, page-11459
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Last
$3.08 |
Change
0.010(0.33%) |
Mkt cap ! $9.269B | |||
| Open | High | Low | Value | Volume |
| $3.08 | $3.09 | $3.02 | $62.29M | 20.38M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 44089 | $3.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.09 | 418771 | 17 |
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| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |