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
$6.02 |
Change
-0.135(2.20%) |
Mkt cap ! $5.687B | |||
| Open | High | Low | Value | Volume |
| $6.13 | $6.17 | $6.01 | $7.626M | 1.253M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 82862 | $6.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.02 | 25183 | 69 |
View Market Depth
| Last trade - 12.18pm 17/06/2024 (20 minute delay) ? |
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Last
$6.01 |
Change
-0.135 ( 2.68 %) |
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| Open | High | Low | Volume | ||
| $6.14 | $6.17 | $5.99 | 375799 | ||
| Last updated 12.36pm 17/06/2024 ? | |||||
| LYC (ASX) Chart |
