the charts that I am looking at suggest that the weakness started well before the scoping study was published (14/02). More like end of Jan and is likely more related to decline in lithium spot prices than that GL1 specific event. Otherwise, how do you explain that most lithium stocks are down since then? https://tradingeconomics.com/commodity/lithium
Global markets play a role here, too. UBS/CS now sorted and hopefully stock piles in Asia diminishing, which will mean that spot prices will go up again in the not so distant future. EV revolution is going to continue and so there will be demand, no?
the charts that I am looking at suggest that the weakness...
-
- There are more pages in this discussion • 1,024 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GL1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
27.0¢ |
Change
-0.005(1.82%) |
Mkt cap ! $70.27M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 28.0¢ | 26.0¢ | $109.9K | 410.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 34960 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 70187 | 4 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| GL1 (ASX) Chart |