LTR 5.81% 81.0¢ liontown resources limited

Spot on Daisy!As a further aside, I said to my brother only last...

  1. 3,651 Posts.
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    Spot on Daisy!

    As a further aside, I said to my brother only last night that the lithium price for any futures contract and Spod spot etc, must be perilously close to "capitulation" level and when that is recognised any technical analysts, sentiment for shares will immediately change. I believe the reversal is imminent as many operators are hurting right now, including the biggest globally. That is not a good thing for the Chinese OEM's or indeed CATL as there will be a serious shortage of product some time down the track due to no incentive pricing. As the Chinese operators up and down the lithium value chain seem in control, they will engineer a recovery imo.

    I think also that LTR has not yet sold a single tonne of product at the current crap prices. When we do in perhaps 6weeks time I am expecting markets will have already bottomed and we can look forward to 2025 with more optimism.

    regards
    DF
    Last edited by dynofish: Today, 12:53
 
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Last
81.0¢
Change
-0.050(5.81%)
Mkt cap ! $1.964B
Open High Low Value Volume
84.5¢ 84.5¢ 81.0¢ $8.663M 10.54M

Buyers (Bids)

No. Vol. Price($)
67 678312 81.0¢
 

Sellers (Offers)

Price($) Vol. No.
82.0¢ 83450 5
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