Spod won't go that low as all mines would close as they'd be selling at massive losses. Many have stopped now due to selling price
is lower that production price. Some have massive debt problems and they'll go under.
Come late August we get the report of the last financial year and I suspect it will bounce back well over $3.50 a share.
Its why I am in hold mode.
US election cycle is adding to volatility. Markets had penciled in a Trump win and now its more likely to be a Harris win.
This is making markets a bit jittery.
Spod won't go that low as all mines would close as they'd be...
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Last
$2.88 |
Change
-0.125(4.17%) |
Mkt cap ! $8.808B | |||
| Open | High | Low | Value | Volume |
| $2.95 | $2.98 | $2.86 | $40.35M | 13.85M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 110712 | $2.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.88 | 142449 | 49 |
View Market Depth
| Last trade - 13.10pm 09/10/2024 (20 minute delay) ? |
| PLS (ASX) Chart |