From The Bull Weekly Newsletter yesterday:
Arcadium Lithium (ASX: LTM)
Arcadium Lithium began trading on the ASX in late December of 2023 following its second reincarnation in three years. In 2021 Australia’s hard rock lithium producer – Galaxy Resources – merged with lithium from brine producer Orocobre to create Allkem Limited,
In June mining giant Allkem merged with lithium chemicals giant US-based Livent to create a vertically integrated lithium chemicals producer. The new company’s end goal is the delivery of battery ready lithium, sourced from the company’s hard rock mining operations in Australia and its lithium from brine operations in South America.
Year to date the share price has joined the vast majority of ASX listed lithium stocks in a downward spiral, dropping 53.9%.
From The Bull Weekly Newsletter yesterday: Arcadium Lithium...
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Last
$3.79 |
Change
0.470(14.2%) |
Mkt cap ! $1.321B | |||
| Open | High | Low | Value | Volume |
| $3.44 | $3.80 | $3.42 | $22.19M | 6.118M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 8042 | $3.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.80 | 45894 | 33 |
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| Last trade - 13.58pm 11/09/2024 (20 minute delay) ? |
| LTM (ASX) Chart |