$30 million of volume in 1 hour attributed to "new investors who know nothing about mining stocks"? That's some pretty cashed up naïve investors.
Fall is probably traders wanting to sink it before catching it at the bottom and making 5-10% profit on a short time trade.
Personally I am surprised it stayed in operation so long since the spodumene prices have been dropping since December 2022. At least they attempted to keep the 300 personnel at work.
Great buy at $35.00.
Ann: Bald Hill Operations and Mineral Resources Update, page-22
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 (20min delay)
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Last
$30.24 |
Change
-2.080(6.44%) |
Mkt cap ! $5.942B | |||
| Open | High | Low | Value | Volume |
| $31.77 | $31.96 | $29.73 | $108.4M | 3.540M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6 | $30.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $30.25 | 350 | 2 |
View Market Depth
| Last trade - 16.16pm 28/07/2025 (20 minute delay) ? |
| MIN (ASX) Chart |