Maybe your answer is in the quarterly report, p7:
"As has been widely reported, the lithium market has been highly volatile in recent months, with softening demand".
Fresh from the horse's mouth. At least softer demand in the short term. Maybe it will turn up again. Forecasts are just forecasts. They are not truths. Maybe, just maybe it is true that demand growth can slow also.
Maybe there is just too much talk about ither people's opinions of supply deficits.
There are two parts to this: supply and demand
IGO says softer demand, but nobody believes it.
Well, people should then continue to make up their own fairytales and ignore what is in front of them.
So prices are down and sales may slow also if you read the report.
Funny then that in all lithium forums the majority are still in disbelief and knocks back anyone that points out the obvious.
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Last
$5.09 |
Change
-0.110(2.12%) |
Mkt cap ! $3.854B |
Open | High | Low | Value | Volume |
$5.11 | $5.20 | $5.09 | $15.77M | 3.077M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 44376 | $5.09 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.10 | 479 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 41876 | 5.090 |
8 | 139506 | 5.080 |
5 | 32216 | 5.070 |
5 | 23985 | 5.060 |
7 | 5072 | 5.050 |
Price($) | Vol. | No. |
---|---|---|
5.140 | 59479 | 4 |
5.150 | 16484 | 1 |
5.160 | 18984 | 2 |
5.180 | 2000 | 1 |
5.190 | 400 | 1 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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