The 60% drop in lith price started since the new exchange started on 21 July this year. This may not be a supply and demand issue but rather traders taking advantage of the new GZ futures exchange.
Now new rules are established it should prevent traders from manipulating the spot price.
Helios pointed out the BMX auction are showing unprecedented demands to no demand on the newly created Lith exchange.
The 60% drop in lith price started since the new exchange...
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Last
57.5¢ |
Change
-0.020(3.36%) |
Mkt cap ! $124.3M | |||
| Open | High | Low | Value | Volume |
| 58.0¢ | 59.0¢ | 56.0¢ | $248.2K | 435.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12850 | 57.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.0¢ | 1195 | 1 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |