There is one single reason why the price of Spod (or Li in general) is in the toilet.
Lack of competition.
until this changes the buyers have the price on a string - who wants to buy something for more than is necessary.
imo.
Spodumene Prices, page-4480
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Last
$2.80 |
Change
-0.120(4.11%) |
Mkt cap ! $8.503B | |||
| Open | High | Low | Value | Volume |
| $2.89 | $2.92 | $2.79 | $49.15M | 17.27M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 133355 | $3.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.52 | 42513 | 2 |
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| Last trade - 15.59pm 30/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |