IMO, I think there is an obvious downturn in the lithium prices, and along with other obvious issues such as FOMO settling after a few months, the lower SP may stick around for a bit longer, BUT,
also IMO, as the ramp up of electric vehicles gets really going and they are in mass production, we will see a more steady revenue based SP more in line with long standing companies like Rio and BHP etc. In 5 to 10 years from now LTR, PLS and other major producers will be household names with strong fundamentals and strong ongoing mining operations.
New TA/Charting, page-13480
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Last
96.5¢ |
Change
0.050(5.46%) |
Mkt cap ! $2.340B | |||
| Open | High | Low | Value | Volume |
| 92.0¢ | 98.0¢ | 92.0¢ | $15.00M | 15.73M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 148095 | 96.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 96.5¢ | 275693 | 4 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |