Isn't the whole point of this situation that the fundamentals have changed?
Magnesium metal is up 300% and the German govt is warning that if the Chinese don't restart exports the entire German auto industry will be set down by end of November. LMG can't influence this current situation but they are going to be swamped with offers to take their Mag output going forward and at multiples of what they were expecting.
general discussion, page-167
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Last
3.1¢ |
Change
-0.002(6.06%) |
Mkt cap ! $72.80M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.4¢ | 3.1¢ | $66.43K | 2.083M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 544618 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 399478 | 1 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| LMG (ASX) Chart |