Where do we see bottom for the SP?
Yesterday it touched on 70c, I am topping up at these levels, it seems to cheap atm....
Anything low 70's is good in my books, if it breaks 70c support, going to be selling off other stocks to get more!!!
End of the year this has to to be back over $1.50 if not more?? So close to production and getting contracts in place.
I think there is a lot of week hands selling off getting impatient, those that got in on the CR at $1.40 few months ago have lost half of their investment, cutting their losses??
That would make for some dirty holders.
Other big milestone for investors was all the sophisticated investors getting their fill at 60c. This would be rock bottom support IMO, lots of shares issued at this level.
Its been down trending hard lately, have to be close to bottom. Thoughts?
One of the best LT stocks on the ASX if these guys can pull off 100,000 TPA in production over the next few years in the EV boom.
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