"If the lithium price continues to fall it will affect the expansion plans of new miners and supply and price in theory should re-balance"
This is an under-rated aspect of the lithium market. As others have mentioned though, it comes down to timing. CXO has to weather the storm and be around in order to take advantage of any market adjustments down the track.
Banter and general comments, page-32345
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Last
12.5¢ |
Change
0.010(8.70%) |
Mkt cap ! $267.8M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 13.0¢ | 11.5¢ | $1.400M | 11.34M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 1191748 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 4186301 | 43 |
View Market Depth
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| CXO (ASX) Chart |