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).
The bottom is in for the lithium equity bear market:Corporate...
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Last
78.5¢ |
Change
-0.020(2.48%) |
Mkt cap ! $1.903B | |||
| Open | High | Low | Value | Volume |
| 80.5¢ | 81.0¢ | 78.0¢ | $6.762M | 8.561M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 576119 | 78.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 79.0¢ | 196098 | 7 |
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| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| LTR (ASX) Chart |