Your reasoning doesn't seem to work. Overcapacity and not oversupply means that there will be more capacity than supply. If demand by converters will be higher than lithium offered by miners, then the hypothesis that works better is that lithium prices will go higher.
Your reasoning doesn't seem to work. Overcapacity and not...
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Last
$1.33 |
Change
0.050(3.91%) |
Mkt cap ! $3.224B | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.33 | $1.27 | $9.997M | 7.627M |
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| No. | Vol. | Price($) |
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| 2 | 22998 | $1.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.33 | 199185 | 23 |
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| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
$1.32 |
Change
0.050 ( 3.35 %) |
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| Open | High | Low | Volume | ||
| $1.27 | $1.32 | $1.27 | 1659246 | ||
| Last updated 15.59pm 08/05/2024 ? | |||||
| LTR (ASX) Chart |