Short Term Trading Week Starting: 24 Oct, page-9

  1. 8,802 Posts.
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    STT COMP MTM FA LONG

    MTM is it the cheapest Lithium stock on the ASX?

    It also has Gold and
    Good ground with great neighbours.

    MTM is near LYC

    MTM MC $5.2M
    LYC MC $7.16B

    So only 1377 x to catch up.

    MTM IPO'd at 20 cents,
    and the sophisticated investors that purchased,
    Know a thing or two about making $$$$ hence having the funds to be classed as a sophisticated investor.

    They did not get rich by losing money,
    And more than likely did their research before buying in.

    MTM is still under the radar,
    Has a significant upside,
    And is in the Lithium space which is only going to grow toward 2030 and beyond....
    As All Vehicle manufacturers fight to secure Lithium,
    As the Large Vehicle Manufacturers have agreed to go all Electric Vehicles by then.

    Lately there has been a trend in which vehicle Manufacturers are taking a stake in Lithium Stocks to secure Supply.
    Australia is the Biggest Exporter of Lithium.

    Then there is the Battery Storage,
    Grid Back-Up,
    Grid smoothing,
    Of Grid,
    Phone Batteries,
    Power Tools etc.

    Lithium stocks could be the next blue chip stocks,
    Some of which turned every $1000 into Millions of $$$$....
 
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