Yep been here before, many times. SP does not reflect inherent value of PLS. Did you buy for a quick trade or sell? No-one likes this, or can persuade you to hold. In the meantime re-read and do more research into the impending EV and storage thematic. Major games at play to get your shares
Battery storage...
https://www.theguardian.com/environ...renewable-energy-plan-will-mean-cheaper-power
Demand outstrip supply... "The booming demand for lithium-ion batteries for electric vehicles and backup power systems (from household level to utility-scale) has caused some to worry whether the lack of lithium resources will constrain efforts to electrify the economy. "
https://www.forbes.com/sites/michaellynch/2018/08/07/is-peak-lithium-a-real-concern/#3ffd378a705f
Seasoned investors, help us., page-3
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Last
$2.86 |
Change
-0.200(6.54%) |
Mkt cap ! $8.608B | |||
| Open | High | Low | Value | Volume |
| $2.95 | $2.96 | $2.85 | $61.44M | 21.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 163532 | $2.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.87 | 44591 | 3 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |