Hello everyone,
I topped up today. Prior to today I had 250,000 LRS shares. I purchased 10,000 shares today, so I have 260,000 in total now.
My average buy price for my entire holding is 26.93 cents. I am in the red $25,000.
I am long on LRS. And patient. And hopefully, right! It is the only Li stock I hold.
My view is as long as no viable alternatives to Li batteries for portable/EV use cases make it to market in the short to medium term, then LRS is a good bet given its low CAPEX/OPEX position and schedule to first production ~2026.
In short, barring future technology disruption, short term supply/demand and macro conditions present an opportunity if you are no a shorter or trader.
Days like today can test ones' mettle, but if you feel confident in your research, they can be seen as an opportunity.
DYOR & GLTAH.Jas.
LRS General Discussion, page-16393
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Last
20.5¢ |
Change
-0.010(4.65%) |
Mkt cap ! $574.2M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.5¢ | 20.5¢ | $2.300M | 10.91M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 524382 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 308712 | 6 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| LRS (ASX) Chart |