RIO and China doing a deal with Iron Ore from 2025. Its such an unstable country and costs more to ship due to distances.
Other countries will start buying our lithium and may start buying our mines like Livents done with the merger of AKE.
I would prefer these companies to stay here in Australia are be owned by us.
Buy in fear when ever mineral stock you are with is low as as some future point in time it will boom again
and then you sell in greed.
Iron Ore was low a few months back and all the experts even federal and WA state governments were saying it would be as low as $55US/T.
Well IO approaching $140US/T now.
Lots of market manipulation going on too.
Morgan Stanley earlier this year said PLS share price would continue to fall and they got their wish and started buying up our stock as they caused enough fear for suckers to sell so they get cheap stock.
Its buying time now.
RIO and China doing a deal with Iron Ore from 2025. Its such an...
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Last
$2.94 |
Change
-0.045(1.51%) |
Mkt cap ! $8.894B | |||
| Open | High | Low | Value | Volume |
| $3.00 | $3.01 | $2.91 | $27.13M | 9.192M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 74 | 318583 | $2.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.94 | 238232 | 76 |
View Market Depth
| Last trade - 12.52pm 29/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |