Thanks for your input @rodneym.
Commodity space is always difficult and volatile.
Unfortunately, predicting the future is always uncertain and difficult.
Looking at the chart, some heat may have started to come out.
I haven't told anyone to sell. All I'm doing is analysing current price trends and evidencing my thoughts.
Pilbara announced a 'de facto' capital raising on Friday, which I was expecting at these elevated levels.
Above is not financial advice and my opinion only.
Tuesday 17/08/2021 - New shares being issued, page-36
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Last
$2.97 |
Change
-0.110(3.57%) |
Mkt cap ! $8.938B | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.11 | $2.93 | $115.5M | 38.55M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 559299 | $2.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.98 | 57535 | 4 |
View Market Depth
| Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |