That's one way of looking at it but in reality what happened is we were sitting at around $1.60 since the start of August, then a week ago Wise Owl released an email newsletter into a white hot lithium market and we got a short term sugar hit up to $2.10 on no news which then subsided quickly thereafter as the wider market and the sector took a breather and we are now back exactly where we were a week ago, and up around 13% from July.
But sure, you could also describe that as dropping 25% in 4 days - if you like buying the news in overbought market conditions.
For holders of 12 months they are sitting on a 500% gain, 6 months over 40% etc. Nothing to be sneeze at here and a lot of upside remains.
That's one way of looking at it but in reality what happened is...
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Last
33.0¢ |
Change
-0.010(2.94%) |
Mkt cap ! $68.45M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 33.0¢ | 33.0¢ | $4.422K | 13.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 27000 | 1 |
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| Last trade - 12.23pm 14/06/2024 (20 minute delay) ? |
| EMH (ASX) Chart |