If dropped out of ASX100, it’ll be still in ASX200, I don’t expect much selling pressure from index funds.
Share price will be closely linked to lithium price movements. I think lithium price will be up substantially over coming weeks.
P.S According to a flashnote from Macquarie this morning, China is experiencing unexpectedly strong battery production this March. Reports indicate a surge of 70-80% compared to February, with capacity utilization potentially exceeding 70%.
ASX Today, page-38251
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Last
$1.18 |
Change
-0.030(2.48%) |
Mkt cap ! $2.860B | |||
| Open | High | Low | Value | Volume |
| $1.23 | $1.24 | $1.17 | $16.16M | 13.57M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 142276 | $1.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.19 | 120868 | 2 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
$1.19 |
Change
-0.030 ( 2.67 %) |
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| Open | High | Low | Volume | ||
| $1.23 | $1.24 | $1.17 | 3037920 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| LTR (ASX) Chart |