You know why the shorters are not afraid.. because Dale stopped paying the dividend. Shorters have to pay the dividend to the person they borrowed the stock from is my understanding.. so no dividend so nothing to pay the person the stock was borrowed from. The more Dale craps on about using all cash for expansion the more the shorters are laughing. When the stock price stays the same the company market cap still loses around 7 pcnt per annum. The problem here is having a CEO who an expert at building mines not extracting cash flow and running a business as usual mine. wrong CEO. wrong skills.imho
Spodumene Prices, page-4477
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Last
$2.98 |
Change
-0.040(1.32%) |
Mkt cap ! $8.969B | |||
| Open | High | Low | Value | Volume |
| $3.01 | $3.01 | $2.95 | $52.16M | 17.48M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 167 | $2.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.99 | 53875 | 10 |
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| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |