If dropped out of ASX100, it’ll be still in ASX200, I don’t expect much selling pressure from index funds.
Share price will be closely linked to lithium price movements. I think lithium price will be up substantially over coming weeks.
P.S According to a flashnote from Macquarie this morning, China is experiencing unexpectedly strong battery production this March. Reports indicate a surge of 70-80% compared to February, with capacity utilization potentially exceeding 70%.
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| Open | High | Low | Value | Volume |
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