Everything is coming down, steel, aluminium, freight etc. These were all inflated to the eyeballs over that virus that was just confirmed to be a leak from a lab.
Lithium is no different. It jumped on the false covid boom and is now starting to retreat back to normal levels. Id expect another 25-45% falls over the next 12 months.
Other elephants in the room that could have an impact on our beloved stock;
- War
- Recession
- Interest Rates
- Falling House (equity) prices.
Banter and general comments, page-23350
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $246.4M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.0¢ | 11.3¢ | $1.220M | 10.57M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 110 | 6252092 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 695532 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| CXO (ASX) Chart |