Looks like ken's 'all in' for the Li price recovery thesis. A Genius or deluded move? time will telll but as a holder this is when you have to put a bit of faith in management, they know the market outlook better than most. It's an opportunistic aquisition at a potential market bottom which increases leverage to price recovery. Whatever your opinion on the matter, theres no doubt this is a ballsy move.
Ann: Conditional Agreement to Acquire Altura Lithium Operations, page-40
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Last
$2.94 |
Change
-0.070(2.33%) |
Mkt cap ! $8.849B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $3.01 | $2.89 | $64.87M | 22.02M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 86878 | $2.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.95 | 199466 | 4 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |