I don't know at what Lithium price that the contracts were locked in at, but even if VUL don't get to production in time or can't meet the contracted supply, they could probably just buy the Lithium on market and sell it at a profit if current Lithium price remains subdued for a while. Personally I think the Lithium price will rebound strongly over the next year anyway.
I need to change my sentiment and holding status, to Buy and Held.
I don't know at what Lithium price that the contracts were...
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Last
$4.78 |
Change
-0.110(2.25%) |
Mkt cap ! $822.5M | |||
| Open | High | Low | Value | Volume |
| $4.91 | $4.98 | $4.76 | $1.275M | 264.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4110 | $4.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.79 | 2087 | 2 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
$4.79 |
Change
-0.110 ( 2.18 %) |
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| Open | High | Low | Volume | ||
| $4.95 | $4.98 | $4.76 | 49146 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| VUL (ASX) Chart |