This is the problem with the Lithium get rich dream everyone has. Don't call it a revolution you're labelling it as some kind of get rich quick scheme.
The money was made in this stock in the first 4 years of the mine. I fell for this stock too due to the BOD and the pretty Instagram posts etc.
Lithium is just a mineral like all others. It's not worth a lot at the moment and there's a massive race to secure supply. The Chinese will control it all through their 'off takes' and stockpile it all and let it go into surplus and crash the market and wait till the mines with large debt to go bust ala A40 and hopefully not PLS.
Question for Holders, Not for Losers, page-29
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Last
$2.99 |
Change
-0.030(0.99%) |
Mkt cap ! $8.985B | |||
| Open | High | Low | Value | Volume |
| $3.02 | $3.04 | $2.98 | $25.66M | 8.511M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 125521 | $2.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.00 | 434216 | 79 |
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| PLS (ASX) Chart |