lithium price was already in a death spiral by September and had a bounce, it’s now gone down by over 70% or so since then. Not surprised to be fair. This is typical of tier 2 miners during a commodity price crash. Study charts of other single sector miners in the past and chart against commodity price. Yes, IGO isn’t single sector, but nickel has been hammered too.
The mentalist, page-50
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Last
$5.99 |
Change
-0.060(0.99%) |
Mkt cap ! $4.536B | |||
| Open | High | Low | Value | Volume |
| $6.06 | $6.07 | $5.92 | $15.40M | 2.572M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9419 | $5.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.00 | 19811 | 2 |
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| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| IGO (ASX) Chart |