It’s laughable really, Fastmarkets have spot Spod prices at $6750 USD last Friday down 20% off its 2022 high. My god where do the market valuations come from to be pushing PLS down to a $13b MC. Everyone was shouting hallelujah from the rooftops when it got to $4000 per tonne and if it crashes to $3000 pt we’ll still be +$2b p.an and a P/E of 6. How unlikely that would be is very unlikely imo because that would effectively put a hell of of a lot of juniors and prospective out of business and we all know what that does to the supply/demand equation.
It’s laughable really, Fastmarkets have spot Spod prices at...
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Last
$4.18 |
Change
0.010(0.24%) |
Mkt cap ! $12.58B | |||
| Open | High | Low | Value | Volume |
| $4.15 | $4.19 | $4.13 | $34.66M | 8.320M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 33565 | $4.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.18 | 49395 | 2 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
$4.15 |
Change
0.010 ( 0.22 %) |
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| Open | High | Low | Volume | ||
| $4.15 | $4.19 | $4.13 | 2555553 | ||
| Last updated 15.59pm 08/05/2024 ? | |||||
| PLS (ASX) Chart |