I called it at 35c raising concerns so all would have done well to dump but did say 17c limited downside now and would spike on any Li spot rebound which I didn’t see happening and we all need to be careful as one swallow does not make a summer. The macro and price outlook for spod is still poor.
I think yesterday shows how much manipulation goes on, you see it at close everyday with all the buys and sells being removed so it may be one large insto looking to push us lower in a bearish period but now have released the hand brake as positivity has returned. They’ll be selling once we get back to 40 which could happen now if spot prices rise 40-50-% more.
LRS General Discussion, page-15520
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Last
19.5¢ |
Change
0.015(8.33%) |
Mkt cap ! $546.2M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.5¢ | 18.5¢ | $5.343M | 27.99M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1249666 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 2317440 | 20 |
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| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| LRS (ASX) Chart |