The wages (in Australia 5 times more than in China) , transport and administrative costs of processing materials in Australia compared to China should not be overlooked plus the numerous places they can still obtain lithium untreated. Forget that for now but know that all buyers at these low prices are potential profit taking sellers and new buyers would be needed to take them out. If you bought at $6.07 wouldn't you jump at a 50 cents profit? This company needs good news to be re-rated.
The wages (in Australia 5 times more than in China) , transport...
-
- There are more pages in this discussion • 52 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IGO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$5.86 |
Change
-0.130(2.17%) |
Mkt cap ! $4.437B | |||
| Open | High | Low | Value | Volume |
| $6.00 | $6.07 | $5.86 | $24.22M | 4.040M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 39053 | $5.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.87 | 20174 | 2 |
View Market Depth
| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| IGO (ASX) Chart |