Based on a close of US$3.75 (for ALTM) overnight, we will see LTM start trading around A$5.86 this morning (at US:A$ exchange rate of 0.64:1).
It's going to be a long way back for those that were buying AKE shares at $15+.
If you look at what's happening in the US with respect to shorting of Li stocks, we look to have a lot more downside to come short term. The question is: do you cut your losses or hold on??
Remember the days of 2017-2019. The anxiety of those days looks like it's ahead of us once more!!
Based on a close of US$3.75 (for ALTM) overnight, we will see...
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 (20min delay)
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Last
$7.17 |
Change
0.310(4.52%) |
Mkt cap ! $2.810B | |||
| Open | High | Low | Value | Volume |
| $7.12 | $7.18 | $7.08 | $21.98M | 3.078M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 15325 | $7.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.17 | 996 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$7.12 |
Change
0.310 ( 2.96 %) |
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| Open | High | Low | Volume | ||
| $7.14 | $7.18 | $7.08 | 500689 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| LTM (ASX) Chart |