This is the bottom. Between .38 and .42
The peak of .67 was strange to me, I could not see a reason other than speculation or manipulation. Current volumes are relatively lighter and more normal.
The current value is in line with current Lithium/Potash production targets. As some posters have previously also stated, annual production capacity is more restrictive that what the overall available resource is.
As contracts get closer and live production begins, this will rise up again, and hopefully reach the $1 - $1.50 premium.
As for now, we're in the lull between ADY's typical increasing cycles, compounded with the credit uncertainty which is overdone at the moment...
Then again... I'm no expert.
At least we haven;t seen the bottom fall out like other speculative spikers like RMI and CUL, though it is interesting to see these three graphs over the last 6 months being very similar, and uncharacteristic of the general miners like BHP etc.
I'm holding on for dear life...
Other's opinion?
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.92M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $406 | 36.91K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1100000 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 490165 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1100000 | 0.010 |
3 | 1091911 | 0.009 |
4 | 2062620 | 0.008 |
4 | 475102 | 0.007 |
6 | 1100000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 490165 | 1 |
0.013 | 400000 | 2 |
0.014 | 406673 | 4 |
0.015 | 928798 | 4 |
0.016 | 500000 | 1 |
Last trade - 10.41am 12/07/2024 (20 minute delay) ? |
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