GLN 8.70% 31.5¢ galan lithium limited

I'm betting on these guys. All on the DFS. The question is where...

  1. 725 Posts.
    lightbulb Created with Sketch. 41
    I'm betting on these guys. All on the DFS. The question is where is lithium going?.

    Most analysts have said we are at the bottom and 20% slide in prices on 1 to 4 years term. Is that case?

    Though I have a Melancholy attitude on forecasts but they are still profitable under this adverse conditions. if my understanding is correct. Then we see Evs still on the lot in the US market , the significant push to force adoption by US government step with more strick regs. Is this enough to keep sales from flat lining and more Lithium supply gluts the market.?

    Chinese EV sales continue and but where is the lithium coming from ? How much extra supply is there? Is it going to be glut?
 
watchlist Created with Sketch. Add GLN (ASX) to my watchlist
(20min delay)
Last
31.5¢
Change
-0.030(8.70%)
Mkt cap ! $130.1M
Open High Low Value Volume
35.0¢ 36.0¢ 31.0¢ $1.192M 3.558M

Buyers (Bids)

No. Vol. Price($)
3 7065 31.5¢
 

Sellers (Offers)

Price($) Vol. No.
32.0¢ 20000 1
View Market Depth
Last trade - 16.10pm 10/05/2024 (20 minute delay) ?
Last
32.0¢
  Change
-0.030 ( 8.10 %)
Open High Low Volume
35.5¢ 36.0¢ 31.0¢ 1997630
Last updated 15.59pm 10/05/2024 ?
GLN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.