LTM 2.48% $5.89 arcadium lithium plc

Don't like posting these days but here goes. The short on ltm...

  1. 594 Posts.
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    Don't like posting these days but here goes. The short on ltm has nothing to do with the company. It's to scare retail into selling and stop mew ones from entering. The resources are more than 40 years and the company is stronger now than anytime in the past. Livent, gxy and ore combined has grown in contracts, experience, infrastructure and production. It's a chemical producer, meaning it can skip the chinese and deal directly with EOMs and non Chinese battery makers. A few hundred shares going forth and back to create volume in order to change the SP doesn't change true value. China is not a leader of green energy, it's the world largest polluter. It steals green technology from around the world and manufacture them under its name. The transition to battery storage is certain and LTM will be a leader. It's funny how the SP can convince many otherwise. Sqm and Alb are trading below covid values, that's not possible. LTM is trading Gxy at around $1 and Ore $1.20. Huh... duhh?? EVs and battery storages are the norm already. If China was over supplied they would stop buying lithium minerals and chemicals, they are buying more, no one clicked. 3lt diesel ice are already on the way out. EVS and hybrids are on the roads, oil at $85= $2-$2.5 at the pump in Oz, people are struggling to pay. It's already game over for ICEs. In terms of SP you will have to calculate and manage that yourself.
 
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Last
$5.89
Change
-0.150(2.48%)
Mkt cap ! $2.286B
Open High Low Value Volume
$5.87 $5.94 $5.83 $13.52M 2.300M

Buyers (Bids)

No. Vol. Price($)
4 8556 $5.88
 

Sellers (Offers)

Price($) Vol. No.
$5.89 3327 2
View Market Depth
Last trade - 16.10pm 12/06/2024 (20 minute delay) ?
Last
$5.90
  Change
-0.150 ( 2.05 %)
Open High Low Volume
$5.88 $5.94 $5.83 311497
Last updated 15.59pm 12/06/2024 ?
LTM (ASX) Chart
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