The price seemingly doesn't reflect the reality, it's funny.
Spodumene prices continue to drift lower so it is reflecting current reality...sentiment is by far the biggest driver in any sector and price drives sentiment, that sentiment will change at some point...there is general market sentiment to take into account as well..
The reality is revenue calculations are almost 30- 40% lower than the market was speculating on a just few months ago, the shareprice is reflecting that, the good news is they are still very high ..
Cheers Whisky
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Last
3.3¢ |
Change
-0.001(1.52%) |
Mkt cap ! $339.6M | |||
| Open | High | Low | Value | Volume |
| 3.2¢ | 3.3¢ | 3.2¢ | $296.3K | 9.197M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 192 | 40915596 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 8013515 | 52 |
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| SYA (ASX) Chart |