LTR 4.27% 78.5¢ liontown resources limited

No big bounce yet but probably not long now. Sentiment...

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  1. 1,456 Posts.
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    No big bounce yet but probably not long now. Sentiment turnaround led by Tesla and US lithum stocks rallied. With demand for EV keeping up = demand for lithium as a commodity will grow. Dramatic fall in lithium price over the past 2 years have stifled investments into the sector which means not many new supply will come online in the next few years. Increasing demand with lack of supply should cause the price to surge again for the 4th or 5th time (depending on when you start counting). Expecting a big bounce for lithium price by the end of the year. There is no way lithium price can stay this low.
 
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Last
78.5¢
Change
-0.035(4.27%)
Mkt cap ! $1.903B
Open High Low Value Volume
82.5¢ 83.0¢ 78.0¢ $5.594M 6.969M

Buyers (Bids)

No. Vol. Price($)
23 364538 78.0¢
 

Sellers (Offers)

Price($) Vol. No.
79.0¢ 13253 1
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Last trade - 16.10pm 06/11/2024 (20 minute delay) ?
LTR (ASX) Chart
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