The bottom is in for the lithium equity bear market:
Corporate activity is picking up. So far intra-sectoral (may be drunks propping each other up??). Time for the likes of $RIO $BHP to get involved.Being short in a sector when M&A is on the up can seriously ruin your day!!!
Rational industry players will respond with supply cuts with another price leg down - we are at the point where bad news is good news.
Commodity equities bottom before commodity prices - anticipating a cyclical turn - (even ignoring C19 impacts).
LTR: Short squeeze coming for shorters - 2nd highest likelihood in all ASX, page-4232
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Last
79.0¢ |
Change
-0.020(2.47%) |
Mkt cap ! $1.915B | |||
| Open | High | Low | Value | Volume |
| 80.0¢ | 80.0¢ | 77.5¢ | $10.13M | 12.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 365849 | 79.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 79.5¢ | 35511 | 2 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| LTR (ASX) Chart |