Business
ASX probes Piedmont Lithium’s Tesla deal – The Australian Financial Review
Piedmont’s “pact” with Tesla wasn’t published by the ASX because the ASX held it up to scrutinise its veracity.
The Australian Securities Exchange must be a seriously long way up the clacker of Piedmont Lithium.
The US lithium developers shares were placed in a trading halt on Friday, after its shares spiked 67 per cent (from 9¢ to 15¢) over the previous week on no news whatsoever. Last week, 7 million Piedmont shares traded on Wednesday, followed by 11 million shares on Thursday and 8 million on Friday. The average daily volume for the past 30 days (which is inflated by last week’s trading) is still onl…
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