early days...
remember forecast earnings for '24 have gone from 28c ( forward PE = 14) to 12c (PE = 32)
and this is what the instos are looking at and there is no sign that they are buying yet
Av. vol = 27m
today = 28m 3.39pm
such a small volume makes me think this is speculators with FOMO hoping to get into a hot sector.
Also 21% still short and there appears not to have been any short covering
If it gets through $4 maybe a different story.
Otherwise this rally could be a rush of blood from a few speculators and it will be back down from here to around to around $3.27
I can't see it going back to $5.30 because that was the share price before the crash in the lithium price.
PLS chart, page-20725
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Last
$4.14 |
Change
-0.030(0.72%) |
Mkt cap ! $12.41B | |||
| Open | High | Low | Value | Volume |
| $4.19 | $4.22 | $4.11 | $64.82M | 15.63M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 96377 | $4.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.14 | 150292 | 11 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$4.13 |
Change
-0.030 ( 1.08 %) |
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| Open | High | Low | Volume | ||
| $4.18 | $4.22 | $4.11 | 5188310 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| PLS (ASX) Chart |