Not sure about that.
I do agree the price is cheap. But if the Li price keeps on sliding, and demand slips, why would that trigger an upswing?
I don't think the market cares what the value is. It will keep dropping whilst the sector drops and when the sector finds the bottom and then rises gln like others will rise very rapidly.
only my opinion.
General Discussion Banter GLN, page-10400
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Last
12.0¢ |
Change
0.010(9.09%) |
Mkt cap ! $60.80M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 12.5¢ | 11.0¢ | $518.0K | 4.475M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 1573785 | 9 |
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| Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
| GLN (ASX) Chart |