Refer my post about the introduction of lithium chemical futures in China...
https://hotcopper.com.au/posts/68951758/single
Anyone who has been involved in financial markets or has understood some of the shenanigans depicted in the movie "The Big Short" will understand that market participants can use correlated instruments that have a very thin market and hence, without investing a lot of risk capital create a false narrative. This is especially so when markets are already opaque as they are in China.
This is the scenario that I believe is being referred to in today's AFR article quoting Minres's view on why the real lithium chemical market pricing has suffered in recent months. Here is that article:
Regards
DF
- Forums
- ASX - By Stock
- LTR
- ASX Today
ASX Today, page-33827
-
- There are more pages in this discussion • 9,598 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LTR (ASX) to my watchlist
|
|||||
Last
75.0¢ |
Change
0.025(3.45%) |
Mkt cap ! $1.818B |
Open | High | Low | Value | Volume |
73.5¢ | 75.5¢ | 73.0¢ | $8.192M | 11.01M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 825699 | 74.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
75.0¢ | 321345 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 825699 | 0.745 |
13 | 322701 | 0.740 |
11 | 356297 | 0.735 |
13 | 271349 | 0.730 |
14 | 283308 | 0.725 |
Price($) | Vol. | No. |
---|---|---|
0.750 | 186575 | 5 |
0.755 | 340365 | 15 |
0.760 | 148764 | 3 |
0.765 | 16000 | 3 |
0.770 | 26664 | 8 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
LTR (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online