PLS is one of the lowest cost Spod producers internationally.
They may have reduced profits in current environment, but unlike alot of their competitors, they are still making decent margins.
Whilst there is some risk of disappointment, I would hope that the market has already priced in the current situation. And remember lithium prices continue to go down, so if PLS goes down don't be surprised, but remember LRS would be going down in value as well.
Christopher
pls earnings, page-7
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Last
21.5¢ |
Change
-0.010(4.44%) |
Mkt cap ! $602.3M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.3¢ | 21.0¢ | $6.761M | 31.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 119054 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 3606678 | 10 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| LRS (ASX) Chart |