Hopefully the nth and sth American lithium performance as of a few minutes ago is just those stocks reacting to the ASX session yesterday. Sigma is hit the hardest while the others are 4-5% red.
Sigma is now capped lower than Liontown…..I’d say any takeover premium that was there is now well and truly gone.
I’m sure someone will soon trot out the Warren buffet quote about being greedy. Although it’s been used for about 6 months now for lithium stocks with no end in sight to the selling.
Theres unlikely to be any Chinese macro news given its CNY period for the next 1.5 weeks - so there’s a strong chance that American and Australian stocks may continue in a depressed state until China comes back from holiday - and even then it might keep going
LRS General Discussion, page-16672
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Last
23.0¢ |
Change
-0.020(8.00%) |
Mkt cap ! $643.8M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.0¢ | 22.0¢ | $2.179M | 9.316M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 283000 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 135485 | 4 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
22.5¢ |
Change
-0.020 ( 11.5 %) |
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| Open | High | Low | Volume | ||
| 25.0¢ | 25.0¢ | 22.3¢ | 4224168 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| LRS (ASX) Chart |