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Egor2020

214 Posts.

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26/10/18

15:22

Post #: 36276055
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Originally posted by fnbig1 ↑

Hi Yanlin,

It's an interesting question that you raise. During Asian trading hours, I also follow Tianqi and Ganfeng and my observations are that these 2 in conjunction with the other Aus ones that you mentioned, all seem to move in unison. Today they started high and then have declined.

I'm assuming it's because they have visibility into the live price of lithium and today's fall in lithium stocks is due to this.

Just wondering if anyone knows where the banking analysts and hedge funds are getting their lithium pricing information from. Are they all referencing the same data source / have they paid subscriptions for Benchmark Minerals or similar or are they trading on the back of some free information posted somewhere out there on the web?

Does any one know or have a best guess.

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Another gutted day, only hope it stay neutral and not fall into the red.

GXY Price at posting: $2.19 Sentiment: Buy Disclosure: Held
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