Hi KenYour post sparked my interest. Footy is boring so I...

Hi Ken

Your post sparked my interest. Footy is boring so I thought I would play with some numbers. Our numbers differ probably we used different reference points for the calculations. As per my handle there are Lies and Damn Lies and Statistics.

For my calculations I used the closing price for the month of May for all of my comparison stocks and then the current closing price. That's probably where we differ
May close Current percentage change
ALB ---122.59-- 81.59- -33.4%
PLS ----3.79 ----------3.07--- -19.0%
SQM --46.70 ------36.58- - 21.7%
Tianqi --36.08-- 27.39- -24.1%
Ganfeng- 33.63 ----26.90 --20%.

ALB versus PLS roughly in the same ball park as you eluded ALB 39% to 33% drop and PLS 26% to 19% drop. Looking at ALB in comparison to the other international companies ALB has taken a heavier hit possibly because of the news of closers in the Aussie development projects.

Out of interest I did the same exercise but this time with the month of Dec 2022. In that quarter PLS recorded the highest price for 5.3% Spod of $US5668, in the last June quarter PLS reported $US840 for 5.3% Spod a 85% decline.

Dec 2022close Current percentage change
ALB 217.46- 81.59 --- -62.54%
PLS 3.75== 3.07 === -18.1%
SQM 78.88== 36.58 == - 53.6%
Tianqi 78.99 27 .39... -65.3%
Ganfeng 69. 51 26.90 -61.3

While PLS Dec 2022 close was down from the peak, the declines (50s-60s%) of the other international Lith companies seem to be influenced by the 85.5% Spod price decline. This makes the PLS decline in SP of only 18%, look more than a bit unusual.

cheers Lies