Pretty hard to get any sustained buying in the current macro, regardless of how well positioned we are.
That can change quickly if hedge funds and larger brokers flip their sector sentiment from shorting lithium to going long.
Watch the short positions on PLS, CXO and SYA for an insight on this. At present these short positions are still growing - so the BEOT still sees at least one more leg down for these stocks / the sector generally.
LRS General Discussion, page-16234
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Last
13.0¢ |
Change
-0.005(3.70%) |
Mkt cap ! $363.9M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.0¢ | 13.0¢ | $462.2K | 3.493M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 217406 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 167761 | 3 |
View Market Depth
| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| LRS (ASX) Chart |