It is what it is. Mining companies shares are controlled and at the mercy of the price of the commodity being mined. Any Institutional Investor would say that mining companies are not "high quality" businesses because of that fact. I am not saying PLS is not a great business with the right people in place. They will eventually be double the share price they are today...but the fact is, the lithium price is sinking at the moment. Chart or no chart. I used to be a holder by the way.
PLS chart, page-13707
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Last
$2.92 |
Change
0.070(2.46%) |
Mkt cap ! $8.793B | |||
| Open | High | Low | Value | Volume |
| $2.90 | $2.97 | $2.87 | $100.5M | 34.43M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 490422 | $2.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.93 | 56326 | 3 |
View Market Depth
| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |