Many analysts are predicting a surplus from even this year, but personally I don't like the word surplus as just like iron ore there is nearly always a buyer, but just at a cheaper price, hence the 85% drop in spod prices we've had recently, back to the long term average so I think we've probably hit the bottom, so good time to buy lithium stocks IMO.
The problem with off-take agreements is they are usually based on market prices. E.g. LTR signed with ford in June 2022, priced quadrupled which is great, but now is half. Either way, they sell their product but are price takers, just like FMG.
- Forums
- ASX - By Stock
- POWER!!!! Fortescue Future Industries
Many analysts are predicting a surplus from even this year, but...
- There are more pages in this discussion • 219 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FMG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$26.21 |
Change
-0.200(0.76%) |
Mkt cap ! $80.69B |
Open | High | Low | Value | Volume |
$26.60 | $26.64 | $26.19 | $64.30M | 2.444M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 14022 | $26.21 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$26.23 | 16372 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2500 | 26.210 |
1 | 1000 | 26.190 |
2 | 6000 | 26.180 |
1 | 1000 | 26.160 |
3 | 2974 | 26.150 |
Price($) | Vol. | No. |
---|---|---|
26.330 | 1020 | 1 |
26.350 | 2105 | 3 |
26.370 | 1200 | 1 |
26.450 | 382 | 1 |
26.470 | 1413 | 1 |
Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
|
|||||
Last
$26.26 |
  |
Change
-0.200 ( 0.81 %) |
|||
Open | High | Low | Volume | ||
$26.61 | $26.64 | $26.19 | 392904 | ||
Last updated 15.59pm 10/05/2024 ? |
Featured News
FMG (ASX) Chart |