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$3.25 pilbara minerals limited

Ruthless, page-15

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04/03/21

01:39

Post #: 51500645
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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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I agree, The fuel retailers seem to price fix pretty well at high prices.

PLS Price at posting: $1.10 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $3.25		Change 0.110(3.50%)		Mkt cap ! $9.781B

Open	High	Low	Value	Volume
$3.17	$3.27	$3.14	$91.52M	28.47M

Buyers (Bids)

No.	Vol.	Price($)
48	157985	$3.25

Sellers (Offers)

Price($)	Vol.	No.
$3.26	228017	80

View Market Depth

No.	Vol.	Price($)
56	171239	3.250
41	272941	3.240
20	220399	3.230
23	267807	3.220
23	155077	3.210

Price($)	Vol.	No.
3.260	221377	74
3.270	314027	69
3.280	185014	28
3.290	133986	15
3.300	393018	30

Last trade - 14.56pm 18/06/2024 (20 minute delay)


Last $3.25			Change 0.110 ( 3.47 %)
Open	High		Low	Volume
$3.18	$3.27		$3.14	9910148
Last updated 15.16pm 18/06/2024 ?

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