looks to be that way.
volume is non-existent though - seemingly bearish trading. An a look at the overall sector and at larger players ie Albermarle et al. some losing 10/15/20% through Oct-Nov could be heading towards end of this lithium wave. Last wave was 2017/2018 and it took 2 and a half years to re-run. Sector looks to be cooling, might get lucky with a bull run up to Christmas but I think I am happy to wait to see how this plays over at least the next week. Could get a good run through Dec if the overall market is bullish and we pick up an announcement, but after that? We have a year wait on permit and then a further year or 2 for construction (pending we get permit). Some will profit take over this period IMO anyway.
im happy to sit and hold onto the cash atm. interest rates and inflation and broader economics arent in our favour either atm.
Chart INR, page-96
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Last
20.5¢ |
Change
-0.010(4.65%) |
Mkt cap ! $482.8M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.8¢ | 20.5¢ | $950.1K | 4.525M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 480571 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 445481 | 10 |
View Market Depth
| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| INR (ASX) Chart |