Not sure about that Oz lost 10% of value today and it's 25% since late last week. Some larger holders are obviously exiting and pushing it down. I do note though that most of the Australian based lithium companies are down as much over the same period i.e NMT, GXY and AJM. I feel the heat has come out of the sector and now it's all about earnings and PLS are being punished as the advised project schedule is not being met currently and it's doubtful whether they will be producing by mid 2018 now.
I'm holding on bought in mid 40's a few months ago but I feel this sell off has a little way to go yet unless they can get the project schedule back on track.
all the best - Buy
PLS the "Announce Nothing Company", page-19
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Last
$2.79 |
Change
-0.130(4.45%) |
Mkt cap ! $8.398B | |||
| Open | High | Low | Value | Volume |
| $2.89 | $2.92 | $2.79 | $56.11M | 19.76M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 43 | 231594 | $2.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.80 | 28889 | 3 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |