The major problems lithium is facing is low commodity prices. Everyone knows that and the companies producing know that . RDN and other junior players have ultimately dogged a bullet, only 2 years ago the biggest most reputable people were pumping lithium and the companies that would be in the forefront of lithium production! They couldn't have been more wrong! As Goldman Sachs said Elon and China went out of their way to make sure that lithium prices would fall due to the substantial amount of short selling the commodity! God bless capitalism! Now the short selling is burning the future of GOLDMAN SACHS AND Elon musk and China, so has it bottomed out ? Well it depends on them ! When they are happy to pay extra they will! But realistically why would they When they don't need too? Who controls the lithium price? Who doesn't control the lithium price is probably the better question!
- Forums
- ASX - By Stock
- RDN
- Daily Discussion
Daily Discussion, page-4444
-
- There are more pages in this discussion • 2,886 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RDN (ASX) to my watchlist
|
|||||
Last
2.8¢ |
Change
-0.001(3.45%) |
Mkt cap ! $75.97M |
Open | High | Low | Value | Volume |
2.9¢ | 3.0¢ | 2.7¢ | $467.5K | 16.96M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 2084888 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.8¢ | 335068 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 2084888 | 0.027 |
6 | 2413461 | 0.026 |
23 | 4294471 | 0.025 |
10 | 5421519 | 0.024 |
9 | 3273523 | 0.023 |
Price($) | Vol. | No. |
---|---|---|
0.028 | 335068 | 3 |
0.029 | 2019500 | 5 |
0.030 | 2031466 | 6 |
0.031 | 405352 | 4 |
0.032 | 20000 | 1 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
RDN (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online