I agree, I don't think shorters are to blame, and since NMT isn't a lithium miner yet either, this is also irrelevant. The market is fully aware revenue is a couple of years away, so the value of the shares dropped after some enthusiasm about "recycling" and rightly so
Look at Li-cycle, this is not going to be easy.
Ann: Spargos Exploration Update, page-23
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $62.28M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.5¢ | 10.0¢ | $54.31K | 519.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 39 | 1066863 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 11933 | 2 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
10.5¢ |
Change
-0.005 ( 1.84 %) |
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| Open | High | Low | Volume | ||
| 11.0¢ | 11.0¢ | 10.3¢ | 214686 | ||
| Last updated 15.45pm 14/06/2024 ? | |||||
| NMT (ASX) Chart |