I don't think that's the case. It's due to the shorting from negative lithium price forecasts.
Other Australian Li stocks such as AKE and PLS are down too from their November highs.
Today's PLS auction results should calm some nerves. Seeing the Cash is king.
Banter and general comments, page-19326
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $224.3M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.5¢ | 10.5¢ | $2.626M | 24.27M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 171 | 7148514 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 2021056 | 2 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
10.5¢ |
Change
0.000 ( 4.11 %) |
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| Open | High | Low | Volume | ||
| 10.5¢ | 11.5¢ | 10.5¢ | 14022601 | ||
| Last updated 16.10pm 07/06/2024 ? | |||||
| CXO (ASX) Chart |