Remember I am short LTR because IMO it is currently overvalued. I agree that at some point the SC6 price may rise again. However the current market dynamics are a declining SC6 price (Along with LiOH) and very negative market sentiment. These does not bode well for a short to medium term reversal in SC6 price and market sentiment. Until these do LTR's SP will be under downward pressure and if they are forced to cut their DFS production forecast because of insufficient demand then further pressure will be applied.
IMO
Lithium Related Media Articles, page-23297
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Last
80.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.952B | |||
| Open | High | Low | Value | Volume |
| 79.5¢ | 81.5¢ | 79.0¢ | $4.130M | 5.162M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 198832 | 79.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.0¢ | 48426 | 12 |
View Market Depth
| Last trade - 12.06pm 15/08/2024 (20 minute delay) ? |
| LTR (ASX) Chart |