The lithium prices are still in a down trend - see latest results below.
The PLS share price is still down nearly 9% in the past month - so one green day isn't indicative of complete reversal in the trend.
I'd like to see PLS go up to $6 or $7 like the rest of us, but there are macro pressures on the whole sector right now.
The other indicators are pointing in the right direction, like EV sales in China, which will drive demand. At these low lithium prices, other streams of lithium manufacture (eg: lepidolite) become uneconomical and this will drive demand for PLS spod again
Spodumene Prices, page-3382
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Last
$3.00 |
Change
-0.050(1.64%) |
Mkt cap ! $9.029B | |||
| Open | High | Low | Value | Volume |
| $3.03 | $3.06 | $3.00 | $41.07M | 13.59M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 97 | 622937 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.01 | 580 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |