I few people are using the LIT fund to get some idea of the value of lithium stocks but not the value of the lithium itself.
https://www.bloomberg.com/quote/LIT:US
I have found that our ASX listed lithium shares seem to rise and fall with LIT:US values as well as the Dow.
Possibly more so the LIT fund is just following the rise and fall of the shares the fund is made up of which are also influenced by the Dow and general market sentiment.
Maybe not such a good indicator.
I few people are using the LIT fund to get some idea of the...
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