I believe that is because there is an oversupply of lithium coming online. some big mines potentially being put on hold because of this.
https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.theaustralian.com.au/business/mining-energy/lithium-giant-warns-of-oversupply-risk/news-story/dc23eccf7fc73bb17c341d6ea92022a6&ved=0ahUKEwiHjd_1_cHiAhWJF3IKHbeUDIAQqQIINygBMAM&usg=AOvVaw3tq5flAuXtgc67WuxZMHPd
of course that is one opinion ...
There are Bulls and then there is Lynas, page-15
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Last
$6.22 |
Change
0.070(1.14%) |
Mkt cap ! $5.813B | |||
| Open | High | Low | Value | Volume |
| $6.21 | $6.22 | $6.07 | $13.54M | 2.193M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12000 | $6.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.22 | 12273 | 2 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |