PTW , agree re lithium recovery and this is a good stock.
However what is the bottom for LTM and price of lithium?
Currently on tradingeconomics site 93500cny/t.
Galaxy fell to about 70c when lithium price fell to 40000cny/t.
I recall a poster being mocked for panicking when LTM fell from $16 to $13 and sold.
Also $16 corresponds to about the lithium price peak of 600000cny /t.
What is a sustainable lithium price?
I ask , because I have no idea , I do not hold and am sure I will miss the bottom , re optimum timing.
I think lithium miners SP still have a way to go , re impact of revenue and profit reporting results.
General Discussion, page-1702
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Last
$4.84 |
Change
0.020(0.41%) |
Mkt cap ! $1.781B | |||
| Open | High | Low | Value | Volume |
| $4.88 | $4.88 | $4.79 | $4.257M | 879.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 10192 | $4.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.84 | 29854 | 24 |
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| Last trade - 11.40am 01/08/2024 (20 minute delay) ? |
| LTM (ASX) Chart |