I personally think we're on the precipice of quite a decent correction in the price of spod. Spod at $400/t a few years ago wasn't sustainabable for producers. Now $5k+ pricing isn't sustainabable with downstream margins getting crunched and now there is pushback from that side. Could be wrong, but if there are signs of a correction in pricing, I'm going to go full retard short the sector. The market is forward looking and I don't think current spod prices are indicative of what they will look like in 6-12 month's time.
PLS chart, page-5850
-
- There are more pages in this discussion • 16,699 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.89 |
Change
-0.100(3.34%) |
Mkt cap ! $8.699B | |||
| Open | High | Low | Value | Volume |
| $2.95 | $2.97 | $2.89 | $45.17M | 15.51M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 335341 | $2.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.90 | 154500 | 2 |
View Market Depth
| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |