Unfortunately it says a lot that they have elected to release this news on the last trading day before Christmas. Sounds like C&M is looking on the horizon, in these sort of cost/price environments, “strategic review” never ends in a positive outcome. But as unfortunate as it is for holders, this is what needs to happen for the lithium market to find its bottom - the very marginal, high cost producers have to start hitting the wall. SYA will be next, I think.
Ann: Strategic Review of Operations Underway, page-47
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Last
9.3¢ |
Change
-0.007(7.00%) |
Mkt cap ! $198.7M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.2¢ | $2.498M | 26.33M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 323514 | 9.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.4¢ | 483232 | 6 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |