LU7 6.25% 1.5¢ lithium universe limited

$1 Party, page-327

  1. 3,933 Posts.
    lightbulb Created with Sketch. 12540
    Just for a little astronomy knowledge.
    Sun is the centre of the solar system.
    Sagittarius A owns the spot at the centre of the Galaxy. (black hole)

    Anyways, as you were.

    My last views on the stock can be formulated by reviewing Post #:48483596
    Synopsis below.

    "Give this board 12-24months and lets see where the S/P is as function of the market cap. IMV more likely to double your money here than lose the lot. So even if a 50/50 punter it's worth it. If they get this right and start scooping some of the global gaming revenue this starts to look seriously attractive. 3-4 quarterly reports will be enough to work out what's going on. If there's substantive growth in overall revenues, then this will gather exponential speed IMV. For pip players the CR is damning, but for the 2-5Y outlook types then need to give it a year IMO. These people (directors) are seriously connected - and now the big boys (soph's/institutes) have got their fill i expect the exposure of the stock to increase exponentially. Happy with my position here (enetered at 1.2/1.3c a few weeks back.) I'll take more at 1c-1.2c if i can but 100M turnover today suggest the buyers might have outdone me."

    ESH daily 2.JPG

    I free-carried when the chart showed an exit signal on the MACD.
    T/A wise this in still oversold in stochastics but looks to be turning, MACD is very close to cross.

    Ideally need that MACD to cross and stochastics to heat up a little. If the S/P can get over 1.7c and hold this starts to look very good.

    ESH weekly.JPG

    On a slightly longer term view you can see weekly signal showed an exit and confirmation when it broke downwards.
    On a positive not it appears to be heading to an oversold region.

    If the daily trade can get moving i think the weekly signal turns also and these coinciding should be very prosperous.

    Fundamentally my view remains the same, it's an expansive market and ultimate long term success here will be underpinend by the boards ability to commercialise the market on a substantive scale.

    *disclosure; watching for a rebuy.

    SF2TH
    Last edited by setfire2thehive: 31/12/20
 
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Last
1.5¢
Change
-0.001(6.25%)
Mkt cap ! $8.908M
Open High Low Value Volume
1.5¢ 1.5¢ 1.5¢ $1.507K 100.4K

Buyers (Bids)

No. Vol. Price($)
2 75495 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 166957 3
View Market Depth
Last trade - 13.11pm 15/08/2024 (20 minute delay) ?
LU7 (ASX) Chart
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