Let see if Spod Li prices stabilises for the rest of FY24 ie above US$3k/t..
Property prices in tier 1 cities China e.g Shanghai have come down 30% likely impact consumption and hence deflationary. But it not clear how this will impact EV sales.. ICE sales have definitely plummeted China but you have EV tax subsidies extention, giga factories still coming online and China ramping up EV exports.
if prices do stabilise for the remainder year then CXO will likely to produce decent margin and profit.. the CEO calls BP33 cornerstone asset it currently 10Mt resource but Grant is 30mt, grant was suppose to get CXO started and producing cashflow.. It be interesting if significant resource growth eventuates for BP33. Then the CEO categorisation of BP33 as cornerstone asset would make more sense.
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Let see if Spod Li prices stabilises for the rest of FY24 ie...
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Last
13.0¢ |
Change
0.030(30.0%) |
Mkt cap ! $278.5M |
Open | High | Low | Value | Volume |
10.5¢ | 13.3¢ | 10.5¢ | $5.604M | 46.76M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
33 | 3763976 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.0¢ | 618853 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
33 | 3763976 | 0.125 |
35 | 4828765 | 0.120 |
34 | 2744050 | 0.115 |
54 | 3635385 | 0.110 |
50 | 4188977 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 618853 | 5 |
0.135 | 1515545 | 37 |
0.140 | 1456664 | 26 |
0.145 | 892101 | 18 |
0.150 | 1109699 | 25 |
Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
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