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50.5¢ leo lithium limited

General Discussion, page-175

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Stoked1

389 Posts.

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16/06/22

18:41

Post #: 62042386
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Originally posted by stevenjd ↑

i am interested, but fear given what has occured to all the other lithium sector and market as well, will see trapped capital flee.

We have had a mini market crash, and resources hit hard.

Holding WR1 smashed from 50c to 22c. etc. Looking for second hard rock lithium, like the look of LLL scale.
But market an unfriendly mistress.

If you could sell LLL and buy 3 other stocks that were 1/3 the price, then the lengthy listing process has acted like a bank. And people will draw on that bank, to buy discounted opportunity, or just run for the hills.

Safer to look a few days after listing to see the dust setlle.

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I’ve never heard of WR1 but looks like a small cap explorer which you can always expect to be more volatile. I can’t see anyone pulling out of LLL to put money into something like that. Anyone with trapped capital is likely small fries compared to institutional money that would be interested in this

LLL Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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