You have no idea. There is alot more to valuing a company than the price of the material they are selling. There's increase in production, takeovers, dividends, the value of the AUS dollar, etc. Just because the price of lithium stays level doesnt mean the company stays level.
Spodumene Prices, page-2869
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Last
$2.93 |
Change
0.140(5.02%) |
Mkt cap ! $8.819B | |||
| Open | High | Low | Value | Volume |
| $2.82 | $2.93 | $2.77 | $65.23M | 22.81M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3424 | $2.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.94 | 170199 | 9 |
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