Its funny how the market over reacts soo hard to lithium prices dropping a just a small amount, little does the market know even if lithium prices halved or even more, the profits are still stupidly high. Especially when mines are fully up and running with high output. This thing is a no brainer for a 5-10 year hold, when the price of lithium drops, the smaller mines will close up because its not worth it (creating less supply) and we will be thanking ourselves for choosing one with multi hundred million tonnes available at low operating costs.
Crazy not to buy at these levels, price drops to 1.20 raising price even though it was basically raised at over $2 lol, thanks for the cheapies.
Its funny how the market over reacts soo hard to lithium prices...
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Last
54.5¢ |
Change
-0.015(2.68%) |
Mkt cap ! $339.8M | |||
| Open | High | Low | Value | Volume |
| 57.0¢ | 57.0¢ | 53.5¢ | $1.328M | 2.409M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 26745 | 54.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.5¢ | 73656 | 1 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| PMT (ASX) Chart |