We all saw them fall last time round.
It will happen again. Small miners will be wiped out and disappear leaving the big players like PLS, AKE etc....
and making them plenty of money going forward.
Its constantly happening. Over supply sees the price fall back then the new kids on the block
sell at a loss and soon they are gone where the bigger boys have cash in the bank and can ride it out and still sell at a profit
just not as large a profit as before.
PLS chart, page-6762
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Last
$2.90 |
Change
0.020(0.69%) |
Mkt cap ! $8.732B | |||
| Open | High | Low | Value | Volume |
| $2.86 | $2.94 | $2.80 | $102.1M | 35.55M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 314863 | $2.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.91 | 20820 | 2 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| PLS (ASX) Chart |