not quite the same situation here.
that bump from 1.3c to 3c was off the back of the GXY strategic alliance announcement. The cap raise was then announced at 1c with a current SP of 3c. Not surprisingly that generated a fair bit of heat. That all taking place In the context of a 'Lithium boom' and a wIder market acting batsh!t crazy.
This time around we've got a very different mood in the broader market, and commentators talking up a Lithium over supply. There's the announcement of parties interested in offtake agreements, but also the shock of a largely unexpected CR. This time round the SP slid considerably into the CR so I'd expect a bit of a bounce out the other side.
Don't get me wrong, I'm loving these green days and I expect they'll continue, but I don't think we'll see such a crazy ride as last time around.
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Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $17.17M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $112 | 56.00K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 176 | 202128044 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 88804087 | 60 |
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| Last trade - 12.06pm 10/07/2024 (20 minute delay) ? |
| LPD (ASX) Chart |