The announcement probably reads as an overall net positive but it doesn’t change the fact that the lithium mines are cashflow negative and the Dalian has plummeted tonight. It’s still trading at sn insanely high PE ratio so while a cap raising has probably been ruled out for now, it still appears to be extremely overvalued.
The announcement probably reads as an overall net positive but...
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Last
$33.53 |
Change
-1.780(5.04%) |
Mkt cap ! $6.589B | |||
| Open | High | Low | Value | Volume |
| $34.62 | $34.99 | $33.36 | $99.83M | 2.953M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 238 | $33.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.61 | 1000 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| MIN (ASX) Chart |