Looks like ken's 'all in' for the Li price recovery thesis. A Genius or deluded move? time will telll but as a holder this is when you have to put a bit of faith in management, they know the market outlook better than most. It's an opportunistic aquisition at a potential market bottom which increases leverage to price recovery. Whatever your opinion on the matter, theres no doubt this is a ballsy move.
Ann: Conditional Agreement to Acquire Altura Lithium Operations, page-40
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Last
$3.15 |
Change
0.040(1.29%) |
Mkt cap ! $9.480B | |||
| Open | High | Low | Value | Volume |
| $3.16 | $3.18 | $3.12 | $71.90M | 22.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 112482 | $3.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.16 | 320783 | 6 |
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| PLS (ASX) Chart |