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
74.0¢ |
Change
-0.030(3.90%) |
Mkt cap ! $1.794B |
Open | High | Low | Value | Volume |
77.0¢ | 77.0¢ | 73.5¢ | $12.03M | 16.10M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 339920 | 74.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
74.5¢ | 109036 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 339920 | 0.740 |
15 | 1220140 | 0.735 |
27 | 1257122 | 0.730 |
16 | 280139 | 0.725 |
21 | 182133 | 0.720 |
Price($) | Vol. | No. |
---|---|---|
0.745 | 41468 | 5 |
0.750 | 425182 | 10 |
0.755 | 457600 | 4 |
0.760 | 150266 | 8 |
0.765 | 104342 | 4 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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