They are all just guessing. They are trying to analyse it with a commodity mindset, which is why the forecasts are so spread. Impossible to do this with Lithium as it is really a chemical and the industry hasn't matured yet. For retail holders who saw it early, it has been a bonanza. Institutions didn't invest as the risk of the unknown was too great for them to deploy meaningful funds and they only recommended to clients as a speccy buy.
The Lithium sector has made more retail holders millionaires than anything else in recent times, except maybe major city property investors in the last decade.
Institutions and the fund industry are not happy about this. They think we are just dumb retail plebs and the thought of us getting one up on them (it was years ago by the way. Most of us here studied the sector for years before investing in the best bet, IMO, PLS) irks them no end. Laughable that they are still trying to part us with our holdings. Hopefully, the large %age of retail stay. It's a badge of honor for PLS holders. We have won, not something that happens often for plebs in this world.
PLS chart, page-16936
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Last
$3.07 |
Change
0.090(3.02%) |
Mkt cap ! $9.197B | |||
| Open | High | Low | Value | Volume |
| $3.05 | $3.09 | $3.02 | $74.82M | 24.46M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 750 | $3.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.07 | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |