Since ALB specifically said they were doing it for price discovery I would think buyers will be rather reluctant to bid unless they really need some high quality spodumene concentrate.
If your butcher said we are having an auction on prime steaks this weekend to see if we can figure out what a good market price to sell at is, what would you do? I would put in a low ball bid and buy my steak this weekend somewhere else...
Since ALB specifically said they were doing it for price...
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Last
91.0¢ |
Change
-0.025(2.67%) |
Mkt cap ! $2.206B | |||
| Open | High | Low | Value | Volume |
| 94.0¢ | 94.5¢ | 89.0¢ | $26.52M | 29.13M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 38516 | 91.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 91.5¢ | 319359 | 5 |
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| LTR (ASX) Chart |