Yep, and will likely be fresh 52 week lows today.
Hard to see sentiment turning any time soon. EV sales growth has slowed dramatically, so much supply coming online right now, including LTR. Leo Lithium is going to be selling its product into the market next month, high quality low cost spod from Ganfeng. CEO confirmed this a few weeks ago. What will this extra supply do to price? It's not going to make prices go up that's for sure.
LTR is in an incredibly dire situation. In fact, LTR might be the worst positioned of any lithium company on the ASX. You would prefer to be an explorer than coming into production right now.
ASX Today, page-41101
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Last
79.8¢ |
Change
0.018(2.24%) |
Mkt cap ! $1.946B | |||
| Open | High | Low | Value | Volume |
| 81.0¢ | 82.0¢ | 79.0¢ | $6.309M | 7.876M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 287486 | 79.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.0¢ | 153957 | 34 |
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| Last trade - 12.21pm 16/08/2024 (20 minute delay) ? |
| LTR (ASX) Chart |