Yep - I agree. I was just being flippant in my previous post.
Also agree with @fugazied - Li is a sleeper. An uptick in pricing followed by Kemerton and Wodgina coming online could well add a lot of profit in 12-18months time. Hopefully, IO can hold at good levels until Li rebounds (but I suspect there will be a gap). I doubt CE will spend more cash on Li ATM - IMO more likely to spread risk into other commodities. However ... if assets become really distressed, he does like a bargain.
Cheers
Ann: FY20 Results Information Pack, page-40
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Last
$53.67 |
Change
1.800(3.47%) |
Mkt cap ! $10.54B | |||
| Open | High | Low | Value | Volume |
| $53.10 | $55.40 | $53.10 | $76.98M | 1.419M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 713 | $53.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $53.75 | 523 | 3 |
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