This stock along with other lithium stocks are down due to the price of lithium crashing 80-90%
(the price of lithium continued to trend down, and so did the SP of lithium stocks - pretty straight forward. If lithium prices start to trend up again, so will the SP of lithium stocks, and vice versa)
They're not down because of a gap in your chart or your 'prediction'
Now it's all about whether lithium has bottomed out or not (many producers will be selling lithium at a loss right now, while some will/have already gone into C&M - usually its a turning point, but we simply just don't know yet).
The other factor is whether Gina &/or others will make a takeover bid on LTR - if they do, my prediction would be around $1.80 - $2 in the current environment. That being a good premium to the current SP. WC8 is also in a good position for a takeover potentially by MIN. These are the only 2 lithium stocks i believe are good candidates for a takeover
Recent news from India (who have connections with Gina) about 'preliminary talks' on operating lithium assets in Australia in the development stage could potentially be in reference to LTR. I guess we'll have to wait and see
New TA/Charting, page-14241
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Last
93.0¢ |
Change
0.030(3.33%) |
Mkt cap ! $2.254B |
Open | High | Low | Value | Volume |
87.0¢ | 94.0¢ | 83.5¢ | $48.47M | 54.88M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 1009895 | 93.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
93.5¢ | 149856 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 931089 | 0.930 |
6 | 343657 | 0.925 |
2 | 157034 | 0.920 |
4 | 197034 | 0.915 |
6 | 72988 | 0.910 |
Price($) | Vol. | No. |
---|---|---|
0.940 | 235538 | 11 |
0.945 | 167034 | 2 |
0.950 | 208034 | 5 |
0.955 | 31000 | 3 |
0.960 | 51571 | 5 |
Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
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