There has always been a lot of traders playing around with this stock, but I reckon that the weakness in the share price has more to do with fear of a low grade Lithium result.
I would not be surprised if the Lithium grade for the Mississippian is way above expectations of around 300ppm, or much more, but it could also be a low result of closer to 50ppm Li.
The unknowns here would be spooking a few investors, as the share price has done nothing on a strong market green day, and poorly on red days.
ASN General Discussion, page-222
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $167.7M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 13.0¢ | $102.0K | 784.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 221860 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 99454 | 1 |
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| Last trade - 15.59pm 05/07/2024 (20 minute delay) ? |
| ASN (ASX) Chart |