It's holding up and will go higher as pretty much all analysis from instos is based on long term spodumene prices at $1,100 USD.
Even if spod dropped to $3000 it's much higher than what current insto analysis is based off.
Some like UBS are having their ephinany of sorts that spod prices are now unlikely to go to that level in the foreseeable future.
Good News & Bad News, page-22652
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Last
$2.96 |
Change
-0.040(1.33%) |
Mkt cap ! $8.908B | |||
| Open | High | Low | Value | Volume |
| $3.01 | $3.02 | $2.93 | $37.13M | 12.56M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 13935 | $2.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.96 | 360494 | 9 |
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| Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |