There is an opportunity for the brave contrarian investor. With all Oz Li stocks suffering a caning after the US session last night (seeing the likes of ALB down 3.88%, LAC down 12.83% and LTHM down 7.83%).
As others have said (and the company have intimated) we expect an announcement with respect to a binding offtake agreement with Tesla by 6 June. If this is confirmed and (potentially) improved, we could see the share price jump to previous recent highs.
I have just smashed a few more this morning with a view to seeing a $2 handle in the not-too-distant future.
GLTA
ASX Today, page-19743
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Last
79.0¢ |
Change
-0.020(2.47%) |
Mkt cap ! $1.915B | |||
| Open | High | Low | Value | Volume |
| 80.0¢ | 80.0¢ | 77.5¢ | $10.13M | 12.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 365849 | 79.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 79.5¢ | 35511 | 2 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| LTR (ASX) Chart |