I support all of the great work that you do, but this graph on its own is also somewhat misleading.
ie. One could interpret this graph to mean that lithium demand is going up, therefore lithium prices should go up, therefore ALTM share price should also go up.
Obviously this is not happening at the moment, so clearly the supply side is much more complex than many of us understand. Whether it is the machinations of the stocking/destocking cycles, games played by the Chinese, or simply additional lithium supply coming online (or a combo of all 3), there clearly is downward pressure on prices, which is not helping us at the moment.
I know you know this, so this is not targeted at you. I’m just stating that there’s an obvious contradiction between EV/battery demand graphs, and li prices and our share prices which I don’t fully understand.
I support all of the great work that you do, but this graph on...
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$4.18 |
Change
0.110(2.70%) |
Mkt cap ! $1.441B | |||
| Open | High | Low | Value | Volume |
| $4.16 | $4.24 | $4.06 | $16.60M | 3.984M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2885 | $4.15 |
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| Price($) | Vol. | No. |
|---|---|---|
| $4.20 | 5952 | 1 |
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| LTM (ASX) Chart |