I agree with everything you've said. I guess it depends on what you consider a sharp increase in SP to be though. With an announcment of positive rock chip samples it should draw a lot more eyes to the company. People will see $11MC with ground near MIN and positive initial results. That alone will draw in the daytraders and pumpers, and could easily get it to $20MC. So if you have an exit target around 50c or 60c, you may get it after rock chips, especially as the market tends to swing too far both ways. But like you said, true value will take a long time to be realised. All in my opinion
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Ann: Horse Rocks Lithium Project Granted, page-147
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Last
3.0¢ |
Change
-0.002(6.25%) |
Mkt cap ! $4.650M |
Open | High | Low | Value | Volume |
3.1¢ | 3.2¢ | 3.0¢ | $15.91K | 506.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 31322 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.4¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 31322 | 0.030 |
2 | 262497 | 0.029 |
2 | 93036 | 0.027 |
3 | 650000 | 0.026 |
1 | 120000 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.034 | 50000 | 1 |
0.036 | 200000 | 1 |
0.038 | 100000 | 1 |
0.039 | 76920 | 2 |
0.040 | 478000 | 2 |
Last trade - 15.26pm 07/08/2025 (20 minute delay) ? |
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LRD (ASX) Chart |