OK so the index price of Lithium has fallen (for the 1st time in 6 months)
https://www.mining.com/lithium-stocks-fall-as-prices-ease-for-the-first-time-in-6-months/
'
OK nothing to dramatic there is it. An overhyped case of "Demand Deferral" not "Demand Destruction" - think about it ... demand destruction is what is happening to ICE vehicles ... every EV purchased is an ICE not purchased ... recession is going to slow adoption not matter the subsidy offered (job security is important to a consumer of anything).
Somewhat of an over reaction on ASX compared to US markets
Nonetheless, shorters don't help but I tell you what else isn't helping and that is trying to get some sort of color from company mgmt on the Yahua OTA agmt ... I suspect their silence is either they dont want to talk about it as it has a negative implication or they are that freaking busy that they (CEO/CFO) can't find 15 mins to clarify for a shareholder the terms they have release to market under a previous mgmt team.
For me, that is a greater risk than the shorters.
- Forums
- ASX - By Stock
- CXO
- Banter and general comments
Banter and general comments, page-19507
-
-
- There are more pages in this discussion • 19,458 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CXO (ASX) to my watchlist
|
|||||
Last
11.0¢ |
Change
0.010(10.0%) |
Mkt cap ! $235.0M |
Open | High | Low | Value | Volume |
10.5¢ | 11.5¢ | 10.0¢ | $3.029M | 27.71M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 374502 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.5¢ | 3715512 | 56 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 374502 | 0.110 |
38 | 5756474 | 0.105 |
81 | 6496362 | 0.100 |
6 | 1224070 | 0.099 |
8 | 362908 | 0.098 |
Price($) | Vol. | No. |
---|---|---|
0.115 | 3605512 | 54 |
0.120 | 3289174 | 42 |
0.125 | 899974 | 18 |
0.130 | 783906 | 18 |
0.135 | 942802 | 15 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
CXO (ASX) Chart |