TX3 0.00% 0.3¢ trinex minerals limited

New name new project new shareholders, page-102

  1. 489 Posts.
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    Its got to go 1c before it gets 10c. At 10c its over a 100m market cap and that doesn't factor in any raises from here. Lithium is also cooling rapidly as countries are discovering major deposits and people are now realising its the 3rd lightest mineral which is fairly abundant and likely over extended in price. IMO talking about 10c now is irrational and lets see it get over 1.5 comfortably first.

    My entries are 0.008, 0.009, 0.01 and I'm a believer however someone is clearly exiting for whatever reason. In my experience price action always leads news. If its an older, bigger shareholder exiting because this wasn't aligned to their investment so be it however if news isn't amazing don't be surprised either.
 
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