Be very interesting to see how lithium America trades over the coming weeks.
Announcement on 31st with GM gaps up on open from $22 to $25.23 on highest daily volume in around 9 months.
4 more days of trading and yesterday another announcement about permitting gapped up again on ultra-high volume. But closed the day out at $25.89
In my opinion this will be back around $22 sooner than later, hope to be wrong.
So it hasn't really gone on with it. I think this will close the gap, just like QPM did with its recent offtake deal.
The reason Im sharing this here is it's important to see what happens with other companies in this sector when they sign mega deals. It's a potential little look into the future. In a perfect world both these companies will be well north of their current positions when/ if SRL signs a simialr deal. If so, all good, if not and the day gaps up on ultra high volumes, well maybe something to consider....
DYOR.
Be very interesting to see how lithium America trades over the...
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Last
48.5¢ |
Change
-0.020(3.96%) |
Mkt cap ! $43.76M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 50.5¢ | 46.0¢ | $11.90K | 24.46K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1361 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 480 | 1 |
View Market Depth
| Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
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Last
48.0¢ |
Change
-0.020 ( 5.10 %) |
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| Open | High | Low | Volume | ||
| 46.0¢ | 49.5¢ | 46.0¢ | 4265 | ||
| Last updated 15.54pm 03/06/2024 ? | |||||
| SRL (ASX) Chart |