My thoughts are that it is a combination of
- Shorts covering
- Long term holders Profit taking
- CFD Trading
- Recent new retail holders panicking
- Some of the big boys reducing their positions (36 cent stock)
- An overall market that has had a very good run of late especially the Lithium sector
If you add all that together you get a rush for the exit. If the overall industry of Global lithium supply was not becoming tight I might be worried, but it's not so best not to panic -
Mike
Good News & Bad News, page-9854
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Last
$2.98 |
Change
-0.005(0.17%) |
Mkt cap ! $8.942B | |||
| Open | High | Low | Value | Volume |
| $2.95 | $3.00 | $2.93 | $7.586M | 2.556M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 82562 | $2.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.98 | 87759 | 37 |
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| PLS (ASX) Chart |