Please read my note again Nico
I'm not talking about MRE … I’m talking about a target resource statement as Azure and Spartan have done
share prices will slide on a lack of material news flow.
today we receive a positive announcement on a new lithium occurence, and the price slides … why?
the market is actually waiting for resource target statement, metallurgy and/or some corporate action.
drill results confirming the presence of more lithium in this area means little from here … unless it is put into some commercial context
I don’t think there are issues, I just think WC8 could deal with this differently (I.e. sighter metallurgy and ‘target resource statement)
FiRB is now being slow approving SQM takeover of Azure … so nothing is going to happen on that corporate front with SQM/WC8 for a while .. imho
Please read my note again NicoI'm not talking about MRE … I’m...
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Last
53.5¢ |
Change
-0.025(4.46%) |
Mkt cap ! $645.5M | |||
| Open | High | Low | Value | Volume |
| 55.5¢ | 56.0¢ | 53.5¢ | $1.894M | 3.453M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 67092 | 53.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.0¢ | 29546 | 1 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
54.0¢ |
Change
-0.025 ( 4.39 %) |
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| Open | High | Low | Volume | ||
| 55.0¢ | 56.0¢ | 54.0¢ | 820853 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| WC8 (ASX) Chart |