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$4.11 pilbara minerals limited

Dumb idea. (Australian) Business, as you say, knows you don't...

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kchil

1,513 Posts.

95

03/03/21

09:41

Post #: 51473270
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Originally posted by MasterStrategist: ↑

It has become apparent that the Oz lithium sector is now a major world supplier; we hold the winning supply cards. So why are we still price takers and not price makers? That doesn't have to be the case - not now. Now we are in the position to be an OPEC - a price maker, a manipulator of supply. In business you have to be a tad ruthless to survive, and the Oz lithium sector is now powerful enough, given demand, to wield some OPEC like power. If we were smart like the Arabs we (OZ), as a major producer of the most critical metal in the new energy world of batteries, "could and should" be setting the price by manipulation of supply according to the level of demand. Its time to be ruthless - to the world we can now say the price of refined spod is now $700 to be reevaluated every month. If the Oz spod producers formed an OPEC like organization to set the market price what choice would the buyers have in this current environment, but to accept our market dominance. ITS TIME TO BE RUTHLESS .

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Dumb idea. (Australian) Business, as you say, knows you don't stuff around with the Trade Practices Act unless you want a VERY big fine or go on an unexpected holiday. It seems you are unaware of it. Not even worth discussing.

PLS Price at posting: $1.03 Sentiment: Buy Disclosure: Held
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Last $4.11		Change 0.050(1.23%)		Mkt cap ! $11.99B

Open	High	Low	Value	Volume
$3.96	$4.14	$3.94	$25.96M	6.434M

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No.	Vol.	Price($)
22	60872	$4.10

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Price($)	Vol.	No.
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View Market Depth

No.	Vol.	Price($)
24	154608	4.120
25	110039	4.110
22	89943	4.100
18	85949	4.090
14	68113	4.080

Price($)	Vol.	No.
4.130	5147	1
4.140	109088	15
4.150	275478	47
4.160	111112	13
4.170	238724	11

Last trade - 11.48am 01/05/2024 (20 minute delay)


Last $4.10			Change 0.050 ( 1.67 %)
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