I agree the lack of recent news seems to be putting the sword thru this stock - but the big picture is more important - and it is in play.
The idea is to drive most mines to closure and stop any new development - then China or some other big player/s step in to develop the worlds lithium supply in Africa / Brazil etc.
Li price will be manipulated down as required.
This is the way of the totalitarian capitalist countries - but will the free market tolerate it ??? - It did not work for aussie iron ore, or thermal coal, or even lobsters and wine.
IMO this is where China gets a big bloody nose. Meanwhile we suffer, and the only thing to do is hold our ventures
Recall
"There is a tide in the affairs of men which if taken at the flood leads on to fortune" -- Shakespear.
Not advice - wait for the tide !!
I agree the lack of recent news seems to be putting the sword...
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Last
32.5¢ |
Change
0.025(8.33%) |
Mkt cap ! $42.09M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 32.5¢ | 30.5¢ | $86.42K | 277.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3636 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 31869 | 2 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
31.0¢ |
Change
0.025 ( 6.90 %) |
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| Open | High | Low | Volume | ||
| 31.5¢ | 32.5¢ | 30.5¢ | 32729 | ||
| Last updated 15.59pm 08/05/2024 ? | |||||
| IR1 (ASX) Chart |